Page 29 - PNMRT AnnRpt 2020

PALMERSTON NORTH MA¯ ORI RESERVE TRUST
NOTES TO AND FORMING PART OF THE CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2020
4. INVESTMENT IN EQUITY ACCOUNTED ASSOCIATES (continued) 2020
Assets and Liabilities of Associates
Current Assets Non-current Assets
Total Assets
Current Liabilities Non-current Liabilities
Total Liabilities
Net Assets
Assets and Liabilities of Associates
Current Assets Non-current Assets
Total Assets
Current Liabilities Non-current Liabilities
Total Liabilities
Net Assets
H¯ıkoikoi Management Limited $
119,146 1,166,931
1,286,077
100,546 1,185,531
1,286,077
$–
H¯ıkoikoi Management Limited $
95,117 1,180,293
1,275,410
91,749 1,183,661
1,275,410
$–
Metlifecare
Palmerston North Limited $
6,277,000 44,863,000
51,140,000
4,240,000 24,840,000
29,080,000
$22,060,000
2019
Metlifecare
Palmerston North Limited $
1,207,000 46,630,000
47,837,000
1,557,000 25,429,000
26,986,000
$20,851,000
Total $
6,396,146 46,029,931
52,426,077
4,340,546 26,025,531
30,366,077
$22,060,000
Total $
1,302,117 47,810,293
49,112,410
1,648,749 26,612,661
28,261,410
$20,851,000
Palmerston North Ma¯ori Reserve Trust
27
ANNUAL REPORT 2020