SKY CITY ENTERTAINMENT GROUP LIMITED
STATEMENT OF FINANCIAL POSITION
As at 30 June 2003
| |
|
Consolidated
|
Parent Company
|
| |
|
2003
|
2002
|
2003
|
2002
|
| |
Notes
|
$000
|
$000
|
$000
|
$000
|
| |
| |
| Equity |
|
|
|
|
|
| Share capital |
4
|
246,518
|
232,180
|
246,518
|
232,180
|
| Reserves |
5
|
1,932
|
(286)
|
6,151
|
5,044
|
| Retained earnings |
6
|
(7,492)
|
18,653
|
(35,001)
|
(10,438)
|
| Shareholders equity |
|
240,958
|
250,547
|
217,668
|
226,786
|
| Minority interests |
9
|
5,607
|
5,321
|
|
|
| Total equity |
|
246,565
|
255,868
|
217,668
|
226,786
|
| Liabilities |
|
|
|
|
|
| Non-current liabilities |
|
|
|
|
|
| Borrowings |
10
|
437,113
|
405,825
|
|
|
| Convertible notes |
10
|
13,365
|
9,315
|
|
|
| Capital notes |
10
|
149,266
|
148,888
|
149,266
|
148,888
|
| Deferred tax |
11
|
24,683
|
20,811
|
|
|
| Total non-current liabilities |
|
624,427
|
584,839
|
149,266
|
148,888
|
| Current liabilities |
|
|
|
|
|
| Bank overdraft |
|
|
372
|
|
|
| Payables and accruals |
13
|
64,836
|
61,140
|
2,378
|
3,061
|
| Borrowings |
10
|
1,000
|
1,000
|
|
|
| Total current liabilities |
|
65,836
|
62,512
|
2,378
|
3,061
|
| Total liabilities |
|
690,263
|
647,351
|
151,644
|
151,949
|
| Total Equity and Liabilities |
|
936,828
|
903,219
|
369,312
|
378,735
|
| Assets |
|
|
|
|
|
| Non-current assets |
|
|
|
|
|
| Investments in subsidiaries |
16
|
|
|
209,860
|
206,710
|
| Investments in associates |
17
|
21,586
|
23,306
|
|
|
| Property,plant,and equipment |
14
|
636,990
|
596,037
|
137
|
152
|
| Intangible assets |
19
|
207,844
|
212,384
|
|
|
| Total non-current assets |
|
866,420
|
831,727
|
209,997
|
206,862
|
| Current assets |
|
|
|
|
|
| Cash and bank balances |
|
57,264
|
48,456
|
|
1
|
| Accounts receivable |
20
|
10,246
|
19,970
|
159,315
|
171,872
|
| Inventories |
|
2,898
|
3,066
|
|
|
| Total current assets |
|
70,408
|
71,492
|
159,315
|
171,873
|
| Total Assets |
|
936,828
|
903,219
|
369,312
|
378,735
|
The above statements should be read in conjunction with the accompanying notes.
|
|
