BNZ Cheque account 1,994 1,704 BNZ Call account 6,009 12,067 ANZ Call account 1,233,531 3,014,177 Westpac Call account 10,052 2 Term Investments 1,850,000 0 Total Cash and Cash Equivalents 3,107,885 3,034,250 Notes to the Accounts The Cash Equivalents not available for use as at 30 June 2017 are as follows: Table Data Shown in Thousands 2017 2016 Term Investment 125,000 125,000 Term Investment 54,809 0 Total 179,809 125,000 Term Investment of $125,000 is related to bank guarantee provided in respect of the Workbridge Auckland The bank guarantee reduces on 1st May 2022 to $30,000 until expiry 30th May 2025. Term Investment of $54,809 is related to bank guarantee provided in respect of the Workbridge Lower Hutt lease. The bank guarantee expires on 22nd February 2025. 5 Receivables from Exchange Transactions 2017 2016 Trade debtors 414,764 169,120 GST receivable 26,781 87,930 Total 441,545 257,050 Trade debtors and other receivables are non-interest bearing and receipt is normally on 30 days terms. Therefore the carrying value of trade debtors and other receivables approximates its fair value. As at 30 June 2016 and 2017, all overdue receivables have been assessed for impairment and appropriate allowances made. All receivables are subject to credit risk exposure.
BNZ Cheque account 1,994 1,704 BNZ Call account 6,009 12,067 ANZ Call account 1,233,531 3,014,177 Westpac Call account 10,052 2 Term Investments 1,850,000 0 Total Cash and Cash Equivalents 3,107,885 3,034,250 Notes to the Accounts The Cash Equivalents not available for use as at 30 June 2017 are as follows: Table Data Shown in Thousands 2017 2016 Term Investment 125,000 125,000 Term Investment 54,809 0 Total 179,809 125,000 Term Investment of $125,000 is related to bank guarantee provided in respect of the Workbridge Auckland The bank guarantee reduces on 1st May 2022 to $30,000 until expiry 30th May 2025. Term Investment of $54,809 is related to bank guarantee provided in respect of the Workbridge Lower Hutt lease. The bank guarantee expires on 22nd February 2025. 5 Receivables from Exchange Transactions 2017 2016 Trade debtors 414,764 169,120 GST receivable 26,781 87,930 Total 441,545 257,050 Trade debtors and other receivables are non-interest bearing and receipt is normally on 30 days terms. Therefore the carrying value of trade debtors and other receivables approximates its fair value. As at 30 June 2016 and 2017, all overdue receivables have been assessed for impairment and appropriate allowances made. All receivables are subject to credit risk exposure.
2017-Annual-Report-Complete-Word.doc.docx