Air New Zealand 2012 Annual Report Download - page 22
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AIR NEW ZEALAND ANNUAL FINANCIAL RESULTS 2012
20
8. ASSETS HELD FOR RESALE
GROUP
2012
$M
GROUP
2 011
$M
COMPANY
2012
$M
COMPANY
2 011
$M
Current
Aircraft related assets 9 3 8 1
9 3 8 1
9. OTHER ASSETS
GROUP
2012
$M
GROUP
2 011
$M
COMPANY
2012
$M
COMPANY
2 011
$M
Current
Contract work in progress 30 31 13 17
Amounts owing from subsidiaries - - 135 392
Amounts owing from associates 1 2 1 2
Non interest-bearing assets 13 - 13 -
Other assets (including defined benefit assets) 14 8 14 8
58 41 176 419
Non-current
Capital work in progress 27 56 20 48
Amounts owing from subsidiaries - - 245 -
Progress payments on aircraft, engines and simulators 74 193 74 193
Interest-bearing assets 180 170 180 170
Other assets 11 11 6 6
292 430 525 417
Non interest-bearing assets include equity derivative prepaid forwards held in Virgin Australia Holdings Limited which mature in
September 2012.
Interest-bearing assets include registered transferable certificates of deposit (RTDs) that have been provided as security over credit
card obligations incurred by Air New Zealand. The RTD’s bear floating rate interest, and mature after seven years.
Notes to the Financial Statements (Continued)
As at 30 June 2012