46
Parent
Consolidated
2013
2012
2013
2012
Notes
$’000
$’000
$’000
$’000
EQUITY
Contributed equity
9
130,000
60,000
130,000
60,000
Retained earnings
10
320,561
286,589
203,115
7,308
Revaluation reserves
10
17,675
18,373
10,368
11,151
468,236
364,962
343,483
78,459
Non‑controlling interest
8,675
8,921
-
-
Total equity
476,911
373,883
343,483
78,459
ASSETS
Current assets
Cash and cash equivalents
7,603
6,257
5,032
2,054
Trade and other receivables
11
4,745
2,681
536
666
Inventories
12
3,941
4,202
-
-
Biological assets - livestock
14
835
1,082
835
1,082
Advances – related parties
15
4,377
8,448
420,249
254,339
Total current assets
21,501
22,670
426,652
258,141
Non‑current assets
Other financial assets
16
10,005
5,385
10,004
5,294
Investments in associates
6
13,594
13,485
-
-
Trade and other receivables
13
1,617
1,287
-
-
Investments in subsidiaries
-
-
947
947
Intangible assets
17
20,435
20,488
14,586
14,617
Property, plant and equipment
18
80,658
84,895
19,828
20,365
Investment properties
19
573,121
528,412
84,623
81,033
Biological assets - trees
14
4,467
3,191
-
-
Total non‑current assets
703,897
657,143
129,988
122,256
Total assets
725,398
679,813
556,640
380,397
LIABILITIES
Current liabilities
Trade and other payables
20
15,401
11,325
2,735
3,446
Interest bearing liabilities
22
30,336
30,228
30,336
30,228
Other financial liabilities
23
162
-
162
-
Advances – related parties
15
372
74,940
6,504
108,058
Total current liabilities
46,271
116,493
39,737
141,732
Non‑current liabilities
Trade and other payables
21
1,131
-
-
-
Interest bearing liabilities
22
156,335
149,394
129,950
121,209
Other financial liabilities
23
44,750
40,043
43,470
38,997
Total non‑current liabilities
202,216
189,437
173,420
160,206
Total liabilities
248,487
305,930
213,157
301,938
Total net assets
476,911
373,883
343,483
78,459
These financial statements should be read in conjunction with the accompanying notes.
Sir Henry van der Heyden
, Chairman
18 June 2013
Michael Allen
,
Director
18 June 2013
Tainui Group Holdings Limited
Statements of financial position
As at 31 March 2013
