|
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
|
(1)formerly
Sky City Limited
|
|
