|
STATEMENT OF FINANCIAL POSITION
As at 30 June 2001
| |
|
Consolidated
|
Parent Company
|
| |
|
|
|
|
|
| |
|
2001
$000
|
2000
$000
|
2001
$000
|
2000
$000
|
| |
Note
|
| |
|
|
|
|
|
| Equity |
|
|
|
|
|
| Issued and paid up capital |
5
|
197,911
|
167,178
|
197,911
|
167,178
|
| Reserves |
7
|
3,872
|
2,955
|
4,095
|
2,955
|
| Retained earnings |
6
|
28,650
|
(11,943)
|
(10,639)
|
2,714
|
| Shareholders Equity |
|
230,433
|
158,190
|
191,367
|
172,847
|
| Minority interests |
8
|
1,642
|
(796)
|
|
|
| Total Equity |
|
232,075
|
157,394
|
191,367
|
172,847
|
| |
|
|
|
|
|
| Capital Funds |
|
|
|
|
|
| Capital notes |
9
|
150,000
|
60,072
|
150,000
|
60,072
|
| Minority interests convertible notes |
9
|
9,315
|
9,315
|
|
|
| Total Capital Funds |
|
159,315
|
69,387
|
150,000
|
60,072
|
| TOTAL EQUITY AND CAPITAL FUNDS |
|
391,390
|
226,781
|
341,367
|
232,919
|
| |
|
|
|
|
|
| Current Assets |
|
|
|
|
|
| Cash and bank |
|
42,684
|
37,794
|
1
|
9,367
|
| Receivables and prepayments |
10
|
46,149
|
21,354
|
140,100
|
60,590
|
| Inventories finished goods |
|
3,296
|
3,773
|
|
|
| Properties intended for sale |
11
|
66,550
|
|
|
|
| Total Current Assets |
|
158,679
|
62,921
|
140,101
|
69,957
|
|
|
|
|
|
|
| Non-Current Assets |
|
|
|
|
|
| Property, plant and equipment |
12
|
524,022
|
497,519
|
181
|
195
|
| Investments in subsidiaries |
18
|
|
|
208,961
|
204,762
|
| Investments in associates |
19
|
8,414
|
|
|
|
| Deferred expenditure operator rights |
|
2,250
|
2,250
|
|
|
| Deferred expenditure funding |
|
3,595
|
3,790
|
1,490
|
740
|
| Intangible assets |
13
|
257,795
|
231,991
|
|
|
| Total Non-Current Assets |
|
796,076
|
735,550
|
210,632
|
205,697
|
| TOTAL ASSETS |
|
954,755
|
798,471
|
350,733
|
275,654
|
| |
|
|
|
|
|
| Current Liabilities |
|
|
|
|
|
| Bank overdraft |
|
1,081
|
|
|
|
| Creditors and accruals |
14
|
70,137
|
76,776
|
9,366
|
42,735
|
| Short-term borrowings |
15
|
88,572
|
|
|
|
| Total Current Liabilities |
|
159,790
|
76,776
|
9,366
|
42,735
|
| |
|
|
|
|
|
| Non-Current Liabilities |
|
|
|
|
|
| Deferred tax |
4
|
19,316
|
16,283
|
|
|
| Borrowings |
15
|
384,259
|
478,631
|
|
|
| Total Non-Current Liabilities |
|
403,575
|
494,914
|
|
|
| TOTAL LIABILITIES |
|
563,365
|
571,690
|
9,366
|
42,735
|
| TOTAL NET ASSETS |
|
391,390
|
226,781
|
341,367
|
232,919
|
The board of directors of Sky City Entertainment Group Limited (1)authorised these financial statements for issue on 21 August 2001.
|
|
J. P. Hartley, Chairman
21 August 2001
|
E. W. Davies, Managing Director
21 August 2001
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(1)formerly Sky City Limited
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|
