Annual Report 2010 - Christchurch City Council

Balance sheet
(continued)
Financial statements
Annual Report
Christchurch Otautahi
2010
p137.
Financial statements
Balance sheet (continued)
Parent
Group
Note 30 Jun 10 30 Jun 10 30 Jun 09 30 Jun 10 30 Jun 09
Actual Plan Actual Actual Actual
$000s $000s $000s $000s $000s
Current liabilities
Creditors and other payables 27 75,626 60,729 64,562 137,052 118,834
Borrowings 28(a) 45,266 3,449 66,698 232,307 69,365
Derivative financial instruments 15(c) - - - 1,083 1,940
Employee entitlements 30(a) 12,656 12,251 11,496 33,365 33,028
Current tax liabilities 11(b) - - - - 992
Provisions 31(a) 2,394 670 1,926 3,094 1,926
Other 32(a) 946 - 735 1,163 1,769
Total current liabilities 136,888 77,099 145,417 408,064 227,854
Non-current liabilities
Borrowings 28(b) 262,117 285,844 142,303 539,995 472,734
Derivative financial instruments 15(d) 9,963 - 3,861 28,937 20,498
Employee entitlements 30(b) 6,013 6,636 6,309 7,111 7,374
Deferred tax liabilities 11(c) 3,382 1,543 2,160 358,772 305,383
Provisions 31(b) 15,855 11,236 15,622 15,855 15,622
Other 32(b) 12,649 - 13,595 8,640 18,220
Total non-current liabilities 309,979 305,259 183,850 959,310 839,831
Total liabilities 446,867 382,358 329,267 1,367,374 1,067,685
Net assets 6,867,669 6,713,016 6,518,862 6,909,153 6,530,883
Equity
Reserves 33 4,905,944 4,842,839 4,652,541 4,138,280 3,723,209
Retained earnings 34 1,961,725 1,870,177 1,866,321 2,523,984 2,564,968
Parent entity interest 6,867,669 6,713,016 6,518,862 6,662,264 6,288,177
Minority interest 35 - - - 246,889 242,706
Total equity 6,867,669 6,713,016 6,518,862 6,909,153 6,530,883
The accompanying notes form part of and are to be read in conjunction with these financial statements.