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Notes to the financial statements are included on pages 39 to 79
Group
Parent
2012
2011
2012
2011
Note
$’000
$’000
$’000
$’000
Current assets
Cash and cash equivalents
13
654
808
476
577
Trade and other receivables
14
2,869
1,828
1,858
1,185
Construction contracts
15
120
131
120
131
Inventories
16
1,793
1,667
1,056
924
Current tax asset
11
-
497
-
608
Other financial assets
17
-
-
9,431
8,716
5,436
4,931
12,941
12,141
Non-current assets
Property, plant and equipment
18
224,221 173,250 201,530 150,344
Goodwill
19
1,640
1,640
-
-
Intangible assets
20
1,793
1,517
1,121
1,115
Investment in subsidiaries
21
-
-
18,514
18,514
Other financial assets
17
100
100
100
100
227,754 176,507 221,265 170,073
Total assets
233,190 181,438 234,206 182,214
Current liabilities
Trade and other payables
22
3,734
3,940
3,147
3,449
Other financial liabilities
24
1,695
1,450
5,778
3,558
Current tax liability
11
280
-
110
-
Provision for staff entitlements
26
1,234
1,163
1,064
937
6,943
6,553
10,099
7,944
Non-current liabilities
Provision for staff entitlements
26
33
72
33
3
Borrowings
23
40,900
41,450
40,900
41,450
Subordinated debentures
23
3,000
3,000
3,000
3,000
Deferred tax liabilities
10
44,825
31,393
43,720
30,473
88,758
75,915
87,653
74,926
Total liabilities
95,701
82,468
97,752
82,870
Net assets
137,489
98,970 136,454
99,344
Equity
Share capital
27
8,013
8,013
8,013
8,013
Minority interest
206
200
-
-
Retained earnings
53,653
50,457
54,125
52,332
Hedging reserves
28
(1,220)
(1,015)
(1,220)
(1,015)
Revaluation reserves
29
76,837
41,315
75,536
40,014
Total equity
137,489
98,970 136,454
99,344
2nd July 2012
Malcolm Don
Arthur Muldoon
Chair
Director
balance sheet
as at 31 March 2012
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