|
SKY CITY
ENTERTAINMENT GROUP LIMITED
STATEMENT OF FINANCIAL POSITION
As at 30 June 2004
| |
|
Consolidated
|
ParentCompany
|
| |
|
2043
|
2003
|
2004
|
2003
|
| |
Notes |
$000
|
$000
|
$000
|
$000
|
| |
|
|
| EQUITY |
|
|
|
|
|
| Share capital |
4 |
225,871
|
246,518
|
225,871
|
246,518
|
| Reserves |
5 |
(7,510)
|
1,932
|
6,662
|
6,151
|
| Retained
earnings |
6 |
(7,274)
|
(7,492)
|
(30,174)
|
(35,001)
|
| Shareholders
equity |
|
211,087
|
240,958
|
202,359
|
217,668
|
| Minority
interests |
9 |
3,516
|
5,607
|
|
|
| Total equity |
|
214,603
|
246,565
|
202,359
|
217,668
|
| LIABILITIES |
|
|
|
|
|
| Non-current
liabilities |
|
|
|
|
|
| Borrowings |
10 |
579,967
|
437,113
|
|
|
| Deferred
tax |
11 |
27,216
|
24,683
|
|
|
| Convertible
notes |
15 |
8,910
|
13,365
|
|
|
| Capital
notes |
14 |
|
149,266
|
|
149,266
|
| Total non-current
liabilities |
|
616,093
|
624,427
|
|
149,266
|
| Current
liabilities |
|
|
|
|
|
| Payables
and accruals |
13 |
93,619
|
64,836
|
1,891
|
2,378
|
| Borrowings |
10 |
101,000
|
1,000
|
|
|
| Capital
notes |
14 |
149,644
|
|
149,644
|
|
| Total current
liabilities |
|
344,263
|
65,836
|
151,535
|
2,378
|
| Total
liabilities |
|
960,356
|
690,263
|
151,535
|
151,644
|
| Total
equity and liabilities |
|
1,174,959
|
936,828
|
353,894
|
369,312
|
| ASSETS |
|
|
|
|
|
| Non-current
assets |
|
|
|
|
|
| Investments
in subsidiaries |
18 |
|
|
211,660
|
209,860
|
| Investments
in associates |
19 |
255
|
21,586
|
|
|
| Other investments |
21 |
94,609
|
|
|
|
| Property,
plant and equipment |
16 |
750,267
|
636,990
|
245
|
137
|
| Intangible
assets |
23 |
212,373
|
207,844
|
|
|
| Future
income tax benefit |
22 |
14,645
|
3,151
|
|
|
| Total non-current
assets |
|
1,072,149
|
869,571
|
211,905
|
209,997
|
| Current
assets |
|
|
|
|
|
| Cash and
bank balances |
|
53,272
|
57,264
|
2
|
|
| Receivables
and prepayments |
24 |
36,522
|
6,780
|
141,987
|
159,315
|
| Income
tax receivable |
12 |
9,999
|
315
|
|
|
| Inventories |
|
3,017
|
2,898
|
|
|
| Total current
assets |
|
102,810
|
67,257
|
141,989
|
159,315
|
| Total
assets |
|
1,174,959
|
936,828
|
353,894
|
369,312
|
The above statements
should be read in conjunction
with the accompanying
notes. |
