Page 31 - NZPM Annual Report 2017
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CONSOLIDATED STATEMENT OF FINANCIAL POSITION
As at 31 March 2017
2017 2016
Note
$’000 $’000
ASSETS
Current assets:
Cash and cash equivalents 1,486 337
Trade and other receivables 9 28,353 29,290
Derivative financial instruments 16 61 0
Inventories 10 30,304 29,474
Total current assets 60,204 59,101
Non-current assets:
Property, plant and equipment 11 4,118 4,338
Intangible assets 12 8,861 8,733
Investments in associates 13 2,627 2,635
Deferred tax assets 6 1,816 2,084
Total non-current assets: 17,422 17,790
Total assets 77,626 76,891
LIABILITIES AND EQUITY
Current liabilities:
Trade and other payables 14 23,887 22,788
Loans and borrowings 15 922 1,032
Derivative financial instruments 16 0 40
Provisions 17 2,594 1,997
Current tax liabilities 818 188
Co-operative share capital 18 0 597
Total current liabilities: 28,221 26,642
Non-current liabilities:
Loans and borrowings 15 6,781 9,703
Derivative financial instruments 16 736 1,217
Provisions 17 589 514
Co-operative share capital 18 25,656 25,479
Total non-current liabilities: 33,762 36,913
Total liabilities 61,983 63,555
Net assets 15,643 13,336
Equity:
Retained earnings 15,643 13,336
Total equity 15,643 13,336
The accompanying notes form part of and are to be read in conjunction with these financial statements.
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