What are The Trusts worth?

The Trusts: Net Assets as at 31/03/2021

Asset Value ($ millions)
Cash & cash equivalents 16.2
Investments 15.2
Operating assets (ex land / buildings) 7.1
Land & buildings (valuations below) 91.8
Other assets less liabilities (0.1)
Total net assets 130.2

From Waitakere and Portage Licensing Trusts and WATS Ltd 2021 Annual reports. Land & building valuations from Auckland Council.


 

Land and buildings details:
Address Business Valuation ($)
3 Pringle Road, Te Atatu Peninsula, Waitakere, Auckland Te Atatu Tavern (closed) 8,000,000
118 Hobsonville Road, Hobsonville, Waitakere, Auckland Village Wine & Spirits West Harbour 4,400,000
126 Railside Avenue, Henderson, Waitakere, Auckland West Liquor Railside 4,800,000
226 & 228 Great North Road, Glendene, Waitakere, Auckland West Liquor Glendene 950,000
159 Lincoln Road, Henderson, Waitakere, Auckland Quality Hotel Lincoln Green & The Good Home & West Liquor Lincoln Green 18,900,000
95 Central Park Drive, Henderson, Waitakere, Auckland Village Wine & Spirits Central Park 2,050,000
1 Cellar Court, Westgate, Waitakere, Auckland West Liquor Westgate Cellar Court 4,175,000
286 Swanson Road, Henderson, Waitakere, Auckland West Liquor Westside 2,325,000
1/104 Central Park Drive, Henderson, Waitakere, Auckland The Hangar Bar 4,575,000
3044-3046 Great North Road, New Lynn, Waitakere, Auckland West Liquor New Lynn Central, WATS Ltd (office & warehouse) 14,100,000
3032 Great North Road, New Lynn, Waitakere, Auckland WATS Ltd staff carpark 1,425,000
2029 Great North Road, Avondale, Auckland Avondale Taphouse 1,850,000
2021 Great North Road, Avondale, Auckland West Liquor Avondale 470,000
3 Captain Scott Road, Glen Eden, Waitakere, Auckland West Liquor Glen Eden 2,225,000
511-515 Blockhouse Bay Road, Blockhouse Bay, Auckland Liquorland Blockhouse Bay 2,525,000
4026 Great North Road, Glen Eden, Waitakere, Auckland Investment 3,300,000
699-703 Rosebank Road, Avondale, Auckland Investment 15,750,000
TOTAL 91,820,000

Land & building values from Auckland Council (valuation date = 01/06/2021)