5 2
These financial statements should be read in conjunction with the accompanying notes.
Consolidated
Parent
2012
2011
2012
2011
Notes
$’000
$’000
$’000
$’000
EQUITY
Contributed equity
9
60,000
60,000
60,000
60,000
Retained earnings
10 286,589 247,217
7,308
10,060
Reserves
10
18,373
15,501
11,151
8,279
364,962 322,718
78,459
78,339
Non‑controlling interest
8,921
9,300
-
-
Total equity
373,883 332,018
78,459
78,339
ASSETS
Current assets
Cash and cash equivalents
6,257
2,251
2,054
1,023
Trade and other receivables
11
4,254
9,317
1,196
942
Inventories
12
4,202
4,617
-
-
Biological assets
13
1,082
843
1,082
843
Advances ‑ related parties
14
8,448
- 254,339 217,388
Total current assets
24,243
17,028 258,671 220,196
Non‑current assets
Other fnancial assets
15
5,385
57,407
5,294
57,226
Investments in associates
6
13,485
13,151
-
-
Investments in subsidiaries
-
-
947
947
Intangible assets
16
20,488
20,672
14,617
14,792
Property, plant and equipment
17
84,895
76,411
20,365
17,493
Investment properties
18 528,412 457,728
81,033
71,778
Biological assets
13
3,191
2,694
-
-
Total non‑current assets
655,856 628,063 122,256 162,236
Total assets
680,099 645,091 380,927 382,432
LIABILITIES
Current liabilities
Trade and other payables
19
11,081
20,225
3,446
5,180
Interest bearing liabilities
20
30,300
72,000
30,300
72,000
Advances ‑ related parties
14
74,940
74,441 108,058
97,756
Total current liabilities
116,321 166,666 141,804 174,936
Non‑current liabilities
Interest bearing liabilities
20 149,852 114,650 121,667
97,400
Other fnancial liabilities
21
40,043
31,757
38,997
31,757
Total non‑current liabilities
189,895 146,407 160,664 129,157
Total liabilities
306,216 313,073 302,468 304,093
Total net assets
373,883 332,018
78,459
78,339
Tainui Group Holdings Limited
Statements of financial position
As at 31 March 2012
Michael Allen, Director
22 June 2012
John Spencer, Chairman
22 June 2012