Rangatira Annual Report 2025 - Flipbook - Page 61
Annual Report 2025
Before change
in status
$000
Effect of change
in status
$000
After change
in status
$000
7,853
(7,278)
575
Current liabilities
Payables
Borrowings
1,208
(1,208)
-
Lease liabilities
4,612
(4,482)
130
Provisions
3,006
(3,006)
-
Other current liabilities
386
(304)
82
Total current liabilities
17,065
(16,278)
787
Non-current liabilities
Borrowings
8,488
(8,488)
-
Lease liabilities
60,743
(60,542)
201
451
(451)
-
Provisions
3,225
(3,225)
-
Other non-current liabilities
715
(400)
315
Total non-current liabilities
73,622
(73,106)
516
Total liabilities
90,687
(89,384)
1,303
Net assets
323,417
71,582
394,999
Deferred tax liability
Equity
Share capital
62,531
-
62,531
Retained earnings
222,214
82,488
304,702
Share-based payment reserve
504
-
504
Fair value revaluation reserve
27,643
(381)
27,262
Property at fair value reserve
8,584
(8,584)
-
Foreign currency translation reserve
(139)
139
-
Non-controlling interests
2,080
(2,080)
-
323,417
71,582
394,999
Total equity
Gain recognised through profit or loss
The net assets attributable to the subsidiaries that ceased to be consolidated at 30 September 2024 was
$44.867 million.
After deconsolidating its subsidiaries, the Company then recognised investments at FVTPL of $60.131 million
The difference is recognised as a gain through profit or loss of $15.264 million.
Certain equity reserves were derecognised part of which requires reclassification through profit or loss:
•
•
foreign currency translation reserve
property at fair value reserve
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