What are The Trusts worth?

The Trusts: Net Assets as at 31/03/2019

Asset Value ($000)
Cash & cash equivalents 19,886
Investments 14,291
Property, plant & equipment (ex land / buildings) 10,624
Land & buildings (as at 31/03/2019) 65,090
Other assets less liabilities (393)
Total net assets 109,498

From Waitakere and Portage Licensing Trusts published financials as at March 31, 2019 (excluding land and buildings)


 

Land and buildings details:
Address Business Valuation ($000)
3 Pringle Road, Te Atatu Peninsula, Waitakere, Auckland Te Atatu Tavern & West Liquor Te Atatu 5,550
118 Hobsonville Road, Hobsonville, Waitakere, Auckland Village Wine & Spirits West Harbour 2,350
126 Railside Avenue, Henderson, Waitakere, Auckland West Liquor Railside 2,825
226 & 228 Great North Road, Glendene, Waitakere, Auckland West Liquor Glendene 740
159 Lincoln Road, Henderson, Waitakere, Auckland Quality Hotel Lincoln Green & The Good Home & West Liquor Lincoln Green 15,750
95 Central Park Drive, Henderson, Waitakere, Auckland Village Wine & Spirits Central Park 1,650
1 Cellar Court, Westgate, Waitakere, Auckland West Liquor Westgate Cellar Court 2,425
286 Swanson Road, Henderson, Waitakere, Auckland West Liquor Westside 1,925
1/104 Central Park Drive, Henderson, Waitakere, Auckland The Hangar Bar 4,000
211 Richardson Road, Mount Roskill, Auckland
(sold, due to settle Sept 2020)
Richardsons Tavern 10,500
3044-3046 Great North Road, New Lynn, Waitakere, Auckland West Liquor New Lynn Central, WATS Ltd (office & warehouse) 11,450
3032 Great North Road, New Lynn, Waitakere, Auckland WATS Ltd 900
2029 Great North Road, Avondale, Auckland Avondale Taphouse 1,800
2021 Great North Road, Avondale, Auckland West Liquor Avondale 450
4026 Great North Road, Glen Eden, Waitakere, Auckland Investment 2,775
* 3 Captain Scott Road, Glen Eden, Waitakere, Auckland West Liquor Glen Eden 1,125
* 699-703 Rosebank Road, Avondale, Auckland Investment 8,400
* 511-515 Blockhouse Bay Road, Blockhouse Bay, Auckland Investment 2,300
TOTAL 76,915

* Properties purchased after 31/03/2019
Land & building values from Auckland Council valuations as at 01/07/2017