Annual Report - Campus Living Villages
Annual Report - Campus Living Villages
Annual Report - Campus Living Villages
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8 0 <strong>Campus</strong> <strong>Living</strong> <strong>Villages</strong> <strong>Annual</strong> <strong>Report</strong> 09/10<br />
<strong>Campus</strong> <strong>Living</strong> Australia Trust<br />
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS<br />
FOR THE YEAR ENDED 30 JUNE 2010<br />
A$’000<br />
CLAT<br />
b) Contingent liabilities of the parent entity<br />
The parent entity did not have any contingent liabilities as at 30 June 2010 or 30 June 2009.<br />
c) Contractual commitments of the parent entity<br />
The parent entity did not have any contractual commitments as at 30 June 2010 or 30 June 2009.<br />
27. Events occuring after the balance sheet<br />
There are no significant events occuring after the balance sheet date.<br />
28. Solvency position<br />
The consolidated entity has a net liability position of $29.5m. The directors have satisfied themselves that the consolidated<br />
entity will be able to pays its debts as and when they fall due based on cash flow estimates from underlying assets after<br />
servicing external debt service costs and intercompany debt service, allowing for capitalisation of intercompany interest<br />
where required.
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