X hits on this document

238 views

0 shares

0 downloads

0 comments

64 / 104

PUMPKIN PATCH LIMITED & SUBSIDIARIES NOTES TO AND FORMING PART OF THE FINANCIAL STATEMENTS FOR THE 6 MONTHS ENDED 31 JANUARY 2004 (CONTINUED)

31 Jan 2004

31 July 2003

31 Dec 2002

$000

$000

$000

3

Quoted Market Value

4

4

Group

14. Other Investments

Investments are stated at quoted market value and comprise:

31 Jan 2004

31 July 2003

31 Dec 2002

$000

$000

$000

446

(402)

570

-

87

(89)

299

761

(883)

745

446

(402)

15. Deferred Taxation

Deferred taxation opening

Prior Period adjustment

For the period

Deferred Taxation Closing

Group

16. Contingent Liabilities

Group

The Company has guaranteed, together with subsidiary companies, the indebtedness of Pumpkin Patch Limited and subsidiaries at 31 January 2004, together with, in all cases, interest thereon under a deed of guarantee dated 18 April 1996. The deed with the ANZ Banking Group (NZ) Limited and Australia and New Zealand Banking Group Limited provides for the constitution and issue of securities in respect of indebtedness from time to time of Pumpkin Patch and/or any guaranteeing subsidiary. At 31 January 2004 the total indebtedness guaranteed by the deed amounted to $29,689,745 (2003: $32,202,508, 2002: $35,002,526). The repayment terms are by instalment and are due over more than three years.

Other guarantees held by the ANZ Banking Group include rent guarantees to certain landlords amounting to $1,129,362 (2003: $1,030,390, 2002: $917,212) and rent guarantees provided to the landlords of a subsidiary, Pumpkin Patch Limited (UK), amounting to $1,216,646 (2003: $1,250,442, 2002: $1,377,054).

The amount of outstanding liabilities under Letters of Credit at 31 January 2004 amounted to $377 (2003: $34,421, 2002: $444,098).

17. Capital Expenditure Commitments

The Group has commitments for future capital expenditure at 31 January 2004 amounting to $1,188,500 (2003: $418,000, 2002: $20,500).

62

Document info
Document views238
Page views238
Page last viewedSun Dec 04 13:00:46 UTC 2016
Pages104
Paragraphs4342
Words35201

Comments