Airways Corporation of New Zealand Limited Annual Report 2018 2019
Balance sheet CONTINUED
Group
2019 ($000’s)
2018 ($000’s)
CHAIR AND CEO’S REVIEW
As at 30 June
Notes
NON-CURRENT LIABILITIES Loan facility – unsecured
50,000 40,000
B1
INVESTING IN THE FUTURE
Deferred tax liability
5,663
8,345
A4
Employee entitlements
9,441
7,518
A3.4
INTEGRATING DRONES INTO OUR AIRSPACE
Derivative financial instruments
1,568
1,435
A5
Total non-current liabilities
66,672 109,880 143,838
57,298 98,257 132,351
Total liabilities
Net assets
AIRWAYS INTERNATIONAL
Equity Share Capital
41,100
41,100
A9
Reserves
(1,312)
(1,223)
SUSTAINABILITY
Retained Earnings
104,050
92,474
Total equity 132,351 This statement is to be read in conjunction with the Notes to the Financial Statements on pages 36 to 58. 143,838
AIRWAYS BOARD OF DIRECTORS
The Board of Directors of Airways Corporation of New Zealand Limited authorised these financial statements for issue on 22 August 2019. The Directors do not have the power to amend the financial statements once issued.
FINANCIALS
FINANCIAL PERFORMANCE
PERFORMANCE AND PROGRESS AGAINST SCI METRICS
DENISE CHURCH
MARY-JANE DAILY
Chair
Director
22 August 2019
22 August 2019
FINANCIAL STATEMENTS
EVA KEY PERFORMANCE INDICATORS
ADDITIONAL FINANCIAL INFORMATION
GOVERNANCE AT AIRWAYS
33
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