What are The Trusts worth?

The Trusts: Net Assets as at 31/03/2017

Asset Value ($000)
Cash & cash equivalents 13,842
Investments 4,216
Property, plant & equipment (ex land / buildings) 8,450
Land & buildings 69,210
Other assets less liabilities 2,720
Total net assets 98,438

From Waitakere and Portage Licensing Trusts published financials as at March 31, 2017 (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
215 Triangle Road, Massey, Waitakere, Auckland Western Lights Tavern 1,750
217 Triangle Road, Massey, Waitakere, Auckland Western Lights Tavern 870
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
4/21-25 Catherine Street, Henderson, Waitakere, Auckland Investment (has since been sold) 1,500
211 Richardson Road, Mount Roskill, Auckland 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
TOTAL 69,210

Land & building values from Auckland Council valuations as at 01/07/2017


 

Other assets & liabilities details:
Other assets 11,071
Inventories 5,579
Trade & other receivables 2,241
Loans to jointly controlled entity 3,000
Intangible assets 159
Investment in jointly controlled entity 92
Liabilities 8,351
Trade & other payables 5,077
Income tax payable 280
Current Loans 35
Provisions 380
Non-Current Loans 38
Deferred tax liability 2,541
Other assets less liabilities 2,720

From Waitakere and Portage Licensing Trusts published financials as at March 31, 2017