Air New Zealand 2013 Annual Report Download - page 22
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Air New Zealand Annual Financial Results
20
. ASSETS HELD FOR RESALE
GROUP
M
GROUP
M
COMPANY
M
COMPANY
M
Current
Aircra related assets 7 9 4 8
7 9 4 8
. OTHER ASSETS
GROUP
M
GROUP
M
COMPANY
M
COMPANY
M
Current
Contract work in progress 31 30 19 13
Amounts owing from subsidiaries
- - 50 135
Amounts owing from joint ventures and associates
3 1 2 1
Non interest-bearing assets 44 13 - 13
Other assets (including defined pension assets)
20 14 19 14
98 58 90 176
Non-current
Capital work in progress 49 27 44 20
Amounts owing from subsidiaries
- - 350 245
Progress payments on aircra, engines and simulators
151 74 151 74
Interest-bearing assets 184 180 184 180
Other assets
10 11 2 6
394 292 731 525
As at 30 June 2013 non interest-bearing assets include an equity derivative share purchase option held in Virgin Australia Holdings Limited
which matures no later than December 2013 (30 June 2012: matured and exercised 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 RTDs bear a three month fixed interest rate and mature in December 2018.
Notes to the Financial Statements (Continued)
As at 30 June 2013