Waimea Water_AR_V14_LR

WAIMEA WATER LIMITED | ANNUAL REPORT 2019
ANNUAL REPORT
7 Property, plant and equipment
Capital WiP Leasehold Furniture and Vehicles Total
Improvements Equipment
$000 $000 $000 $000 $000
Movements for each class of property,
plant and equipment are as follows:
2019
Gross carrying amount 18,591 20 58 145 18,814
10 Payables under exchange transactions
Note 2019 2018
$000 $000
Trade creditors 1,921 -
Related party payables 17 54 -
Non trade payables and accrued expenses 76 -
Total 2,051 -
Depreciation for the year - - (6) (12) (18)
Carrying amount 30 June 2019 18,591 20 52 133 18,796
11 Employee entitlements
2018
Gross carrying amount - - - - -
Depreciation for the year - - - - -
Carrying amount 30 June 2018 - - - - -
2019 2018
$000 $000
Annual leave entitlements 22 -
Total 22 -
8 Deferred tax
2019 2018
12 Loans and borrowings
$000 $000
Deferred tax assets are only recognised when management consider it probable
that future tax profits will be available against which these assets will be utilised.
Recognised deferred tax assets: - -
Unrecognised deferred tax assets consist of:
Tax losses $89 -
2019 2018
$000 $000
Current - Secured loans - -
Non-current - Secured loans 2,161 -
Total 2,161 -
Total unrecognised deferred tax asset $89 -
9 Other financial assets
2019 2018
$000 $000
Held-to-maturity investments
Term deposits 15,281 -
Total 15,281 -
50 51