52 / 100
Consolidated
Notes
2015
$’000
2014
$’000
EQUITY
Retained earnings
9
837,794
755,012
Revaluation reserves
9
14,344
13,523
852,138
768,535
Non-controlling interest
30
9,423
15,189
Total equity
861,561
783,724
ASSETS
Current assets
Cash and cash equivalents
176,959
171,470
Trade and other receivables
10
13,969
9,136
Inventories
11
574
3,067
Biological assets – livestock
12
2,492
824
Total current assets
193,994
184,497
Non-current assets
Other receivables
14
87,163
29,770
Other financial assets
15
37,640
24,008
Investments in joint ventures
30
44,390
22,189
Intangible assets
16
21,039
20,910
Biological assets – forestry
12
5,148
4,364
Property, plant and equipment
17
140,737
139,500
Investment properties
18
581,826
564,914
Te Wherowhero title properties
19
51,891
50,083
Total non-current assets
969,834
855,738
Total assets
1,163,828
1,040,235
LIABILITIES
Current liabilities
Trade and other payables
20
26,487
36,406
Interest bearing liabilities
22
4,460
-
Other financial liabilities
23
1,635
1,355
Total current liabilities
32,582
37,761
Non-current liabilities
Trade and other payables
21
-
452
Interest bearing liabilities
22
263,634
211,422
Deferred tax liabilities
7
-
3,183
Other financial liabilities
23
6,051
3,693
Total non-current liabilities
269,685
218,750
Total liabilities
302,267
256,511
Total net assets
861,561
783,724
Rahui Papa
–
CHAIRMAN
Rukumoana Schaafhausen
– DEPUTY CHAIRMAN
26 June 2015
26 June 2015
These financial statements should be read in conjunction with the accompanying notes.
waikato raupatu lands trust
statement of financial position
a s at 3 1 m a r c h 2 0 1 5
50