Balance Sheet

Current Liabilities	126.6m
Accounts Payable	10.9m
Accrued Liabilities	10m
Other Current Liabilities	105.7m
Non-Current Liabilities	577m
Long-Term Debt	549m
Other Non-Current Liabilities	28.1m

Currency: NZD

	Dec-2014	Dec-2015	Dec-2016	Dec-2017	Dec-2018	Dec-2019	Dec-2020	Dec-2021	Dec-2022	Dec-2023
Assets
Cash & Cash Equivalents	1	1	0	1	2	1	1	1	1	1
Cash	1	1	0	1	2	1	1	1	1	1
Total Receivables	1	1	1	1	1	1	4	3	2	5
Accounts Receivables	1	1	1	1	1	1	2	2	2	5
Other Receivables	0	0	0	0	0	0	2	1	0	0
Other Current Assets	2	10	8	0	0	1	2	3	3	6
Total Current Assets	4	11	9	2	3	4	7	7	7	12
PP&E Net	0	0	0	0	0	1	1	0	4	3
Goodwill	29	29	29	29	29	29	29	29	0	0
Long-Term Investments	866	987	1 083	1 211	1 319	1 469	1 525	2 159	2 096	1 998
Other Long-Term Assets	8	0	0	0	8	20	126	22	56	50
Other Assets	29	29	29	29	29	29	29	29	0	0
Total Assets	907 N/A	1 027 +13%	1 122 +9%	1 242 +11%	1 359 +9%	1 523 +12%	1 687 +11%	2 217 +31%	2 163 -2%	2 064 -5%
Liabilities
Accounts Payable	0	2	1	2	2	2	1	2	3	11
Accrued Liabilities	6	9	5	4	6	4	3	5	6	10
Short-Term Debt	0	0	0	0	0	0	0	0	0	0
Current Portion of Long-Term Debt	0	0	0	0	0	0	0	0	0	100
Other Current Liabilities	5	6	6	3	12	18	8	10	8	6
Total Current Liabilities	11	17	12	9	19	23	13	17	17	127
Long-Term Debt	313	331	333	371	398	413	488	599	604	549
Deferred Income Tax	11	11	11	9	12	13	25	34	31	25
Other Liabilities	6	10	10	11	14	19	25	5	11	4
Total Liabilities	342 N/A	369 +8%	366 -1%	399 +9%	444 +11%	469 +6%	551 +18%	654 +19%	662 +1%	704 +6%
Equity
Common Stock	435	486	493	562	562	562	569	581	573	573
Retained Earnings	130	172	263	281	353	492	567	982	928	787
Total Equity	565 N/A	658 +16%	756 +15%	843 +11%	915 +9%	1 054 +15%	1 137 +8%	1 563 +37%	1 500 -4%	1 360 -9%
Total Liabilities & Equity	907 N/A	1 027 +13%	1 122 +9%	1 242 +11%	1 359 +9%	1 523 +12%	1 687 +11%	2 217 +31%	2 163 -2%	2 064 -5%
Shares Outstanding
Common Shares Outstanding	416	451	456	499	499	499	501	505	502	502

Property for Industry Ltd
NZX:PFI