|
STATEMENT OF FINANCIAL POSITION
As at 30 June 2000
|
| |
|
Consolidated |
Parent Company |
| |
Note
|
2000
$’000
|
1999
$’000
|
2000
$’000
|
1999
$’000
|
|
Equity
|
|
|
|
|
|
|
Issued and paid up capital
|
5
|
167,178
|
167,115
|
167,178
|
167,115
|
|
Reserves
|
7
|
2,955
|
-
|
2,955
|
-
|
|
Retained earnings
|
6
|
(11,943)
|
(18,300)
|
2,714
|
1,076
|
|
Shareholders Equity
|
|
158,190
|
148,815
|
172,847
|
168,191
|
|
Minority interests
|
8
|
(796)
|
-
|
-
|
-
|
|
Total Equity
|
|
157,394
|
148,815
|
172,847
|
168,191
|
|
Capital Funds
|
|
|
|
|
|
|
Capital notes
|
9
|
60,072
|
-
|
60,072
|
-
|
|
Minority interests – convertible notes
|
9
|
9,315
|
-
|
-
|
-
|
|
Total Capital Funds
|
|
69,387
|
-
|
60,072
|
-
|
|
TOTAL EQUITY AND CAPITAL FUNDS
|
|
226,781
|
148,815
|
232,919
|
168,191
|
|
Current Assets
|
|
|
|
|
|
|
Cash and bank
|
|
37,794
|
19,030
|
9,367
|
5
|
|
Receivables and prepayments
|
10
|
21,354
|
10,233
|
60,590
|
7,294
|
|
Inventories
|
|
3,773
|
1,602
|
-
|
-
|
|
Total Current Assets
|
|
62,921
|
30,865
|
69,957
|
7,299
|
|
Non-Current Assets
|
|
|
|
|
|
|
Property, plant and equipment
|
11
|
497,519
|
473,517
|
195
|
244
|
|
Investments in subsidiaries
|
17
|
-
|
-
|
204,762
|
187,681
|
|
Deferred expenditure - operator rights
|
|
2,250
|
-
|
-
|
-
|
|
Deferred expenditure - funding
|
|
3,790
|
-
|
740
|
-
|
|
Intangible assets
|
12
|
231,991
|
1,680
|
-
|
-
|
|
Total Non-Current Assets
|
|
735,550
|
475,197
|
205,697
|
187,925
|
|
TOTAL ASSETS
|
|
798,471
|
506,062
|
275,654
|
195,224
|
|
Current Liabilities
|
|
|
|
|
|
|
Creditors and accruals
|
13
|
76,776
|
52,735
|
42,735
|
27,033
|
|
Short-term borrowings
|
14
|
-
|
36
|
-
|
-
|
|
Total Current Liabilities
|
|
76,776
|
52,771
|
42,735
|
27,033
|
|
Non-Current Liabilities
|
|
|
|
|
|
|
Deferred tax
|
4
|
16,283
|
14,471
|
-
|
-
|
|
Borrowings
|
14
|
478,631
|
290,005
|
-
|
-
|
|
Total Non-Current Liabilities
|
|
494,914
|
304,476
|
-
|
-
|
|
TOTAL LIABILITIES
|
|
571,690
|
357,247
|
42,735
|
27,033
|
|
TOTAL NET ASSETS
|
|
226,781
|
148,815
|
232,919
|
168,191
|
| |
|
J. P. Hartley, Chairman
15 August 2000
|
E. W. Davies, Managing Director
15 August 2000
|
|
