AWB Limited - 2003 Annual Report
AWB Limited - 2003 Annual Report
AWB Limited - 2003 Annual Report
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NOTES TO AND FORMING PART OF THE FINANCIAL STATEMENTS<br />
FOR THE YEAR ENDED 30 SEPTEMBER <strong>2003</strong><br />
5. CASH ASSETS<br />
Consolidated<br />
<strong>AWB</strong> <strong>Limited</strong><br />
Notes <strong>2003</strong> 2002 <strong>2003</strong> 2002<br />
$'000 $'000 $'000 $'000<br />
Cash at bank and on hand 54,785 69,921 2,328 23,996<br />
Details of significant terms and conditions are included in Note 32(a).<br />
6. RECEIVABLES<br />
Current<br />
Trade debtors<br />
– other persons/corporations 443,872 67,056 86 14<br />
– less provision for doubtful debts (24,293) (3,752) (1) (668)<br />
419,579 63,304 85 (654)<br />
– related party (<strong>AWB</strong> National Pools) 27(b) 162,100 597,064 – –<br />
581,679 660,368 85 (654)<br />
Grower loan receivables 413,236 1,476,681 – – <br />
Finance advances 5,200 – – – <br />
Goods and services tax receivable 904 (8) 2,718 498<br />
Other receivables <br />
– other persons/corporations 5,463 – – – <br />
– wholly owned group 27(b) – – 839,385 733,551<br />
1,006,482 2,137,041 842,188 733,395<br />
Non–current<br />
Other loans<br />
Employee share loan<br />
Subordinated loan<br />
– wholly owned group 27(b)<br />
3,672 3,073 2,216 3,073<br />
2,495 1,012 2,495 1,012<br />
– – 50,000 –<br />
6,167 4,085 54,711 4,085<br />
All amounts are effectively hedged and there are no material currency exposures.<br />
Details of significant terms and conditions are included in Note 32(a).<br />
7. INVENTORIES<br />
Finished goods 191,128 137,067 – –<br />
Provision for diminution in value (5,751) (3,005) – –<br />
185,377 134,062 – –<br />
60
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