72
Other fees paid to the auditor consists of treasury and taxation services for the Group, and due diligence associated
with acquisitions.
Consolidated
Parent
2014
2013
2014
2013
Notes
$'000
$'000
$'000
$'000
Depreciation
Amortisation and impairment of intangibles
17
85
410
-
277
Impairment reversal
17
(62)
-
(57)
-
Depreciation and impairment of:
Computer, office equipment, furniture and fittings
18
504
424
94
77
Farm and other properties
18
174
107
-
-
Hotel
18
2,900
2,241
-
-
Motor vehicles
18
68
120
24
89
Plant and equipment
18
44
82
40
79
Trust and other properties
18
312
343
303
334
Total depreciation
4,025
3,727
404
856
6 . i n v e s t men t s i n a s s o c i at e s
Consolidated
Parent
2014
2013
2014
2013
$'000
$'000
$'000
$'000
Shares in associates
-
13,594
-
-
Carrying value of associates
Carrying value at beginning of year
13,594
13,485
-
-
Share of net profit of associates
474
316
-
-
Dividend received
(207)
(207)
-
-
Transfer associate balance to subsidiary
(13,861)
-
-
-
Carrying value at end of year
-
13,594
-
-
On 16 October 2013, Tainui Development Limited purchased a further 41% shares in Hamilton Riverview Hotel Limited, taking
its total shareholding to 82% resulting in this company being reclassified from an associate to a subsidiary (see note 27).
The Group’s share of the results of its principal associates, all of which are unlisted and its aggregated assets (including goodwill)
and liabilities, are as follow:
Assets
Liabilities
Revenues
Profit
Interest held
$'000
$'000
$'000
$'000
%
2014
Hamilton Riverview Hotel Limited
-
-
8,488
1,178
-
2013
Hamilton Riverview Hotel Limited
43,908
11,056
14,342
760
41
5. Expenses (continued)
waikato raupatu lands trust
notes to the financial statements
f o r t h e y e a r e n d e d 3 1 m a r c h 2 0 1 4
