McDonald's Restaurants (New Zealand) Limited Annual Report ...

McDonald's Restaurants (New Zealand} Limited

McDonald's Restaurants (New Zealand) Limited Annual Report

For the year ended 31 December 2017

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McDonald's Restaurants (New Zealand) Limited

Annual Report

For the year ended 31 December 2017

The Board of Directors present their Annual Report, including financial statements of the company for the year ended 31 December 2017, and the auditor's report thereon.

The shareholders of the company have exercised their right under section 211(3) of the Companies Act 1993 and unanimously agreed that this Annual Report need not comply with any of the sections (a) and (e) to (j) of section 211 (1) of the Act.

Signed for and on behalf of the Board of Directors who authorised the issue of these financial statements on

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14th May 20 8.

t

. ili

Katrina~ Director 14th May 2018

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McDonald's Restaurants (New Zealand) Limited

Statement of Financial Position

As at 31 December 2017

Current Assets Cashand cash equivalents Trade and other receivables Inventories Total Current Assets

Non current Assets Property, plant and equipment Goodwill Total Non-Current Assets Total Assets

Current Liabilities Trade and other payables Interest-bearing loans & borrowings Provisions

Total Current Liabilities

Non current Liabilities Trade and other payables Other accrued liabilities Deferred tax liability Total Non-Current Liabilities Total Liabilities

Net Assets

Shareholders' Equity Contributed equity Retained earnings Reserves

Note

5 6 7

2017 $'000

18,944 18,707

888 38,539

8 293,267

9

35,137

328,404

366,943

10

31,087

11 226,968

12

5,200

263,255

10

1,453

10

7,954

3

17,887

27,294

290,549

76,394

13

26,941

49,392

61

2016 $'000

15,339 18,516

1,192 35,047

291,799 29,134

320,933 355,980

27,180 226,363

6,115 259,658

13 7,860 14,956 22,829 282,487

73,493

26,941 46,715

(163)

Total Shareholders' Equity

76,394

73,493

The above Statement of Financial Position should be read in conjunction with the accompanying notes. For and on behalf of the Board, who authorised the issue of these financial statements on 14th May 2018.

14th May 2018

Katrina Fiifton..., Director 14th May 2018

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McDonald 1 s Restaurants (New Zealand) Limited

Statement of Comprehensive Income

For the year ended 31 December 2017

Revenue from sale of goods Rental Revenue Licence Fees Service Fees Interest Received - Other persons Total Revenue Gain on sale of assets Raw materials and consumables used Employee benefits expense Depreciation, amortisation & impairment expense Finance costs Rental and lease expenses Service fees paid to ultimate chief entity Other expenses Profit from continuing operations before tax

Income tax expenses

Net profit for the year

Other Comprehensive Income

Note

2017 $'000

144,067 82,343 1,533 31,984 171

260,098 22,349

(46,477) (48,234) 8 (13,329)

(5,718) (11,398)

(25,273)

{33,881) 98,137

3 {30,460)

67,677

2016 $'000

156,778 72,994

885 28,895

154 259,706

5,653 (44,638) (54,751) (13,175)

(7,586) (10,883) (22,581) (35,410)

76,335

{23,526)

52,809

Total Comprehensive Income attributable to shareholders

67,677

52,809

The above Statement of Comprehensive Income should be read in conjunction with the.accompanying notes.

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McDonald's Restaurants (New Zealand) Limited

Statement of Changes in Equity For the year ended 31 December 2017

At 31 December 2015

Note

Issued Capital

26,941

Retained Earnings Reserves

Total

23,906

833 51,680

Comprehensive Income for the year

Stock option and restricted stock units amortisation

Dividends paid

4

At 31 December 2016

26,941

52,809

{30,000) 46,715

52,809

{996)

(996)

{30,000)

{163) 73,493

Comprehensive Income for the year Stock option and restricted stock units amortisation

67,677

Dividends paid At 31 December 2017

4

{65,000)

26,941

49,392

67,677

224

224

{65,000)

61 76,394

The above Statement of Changesin Equity should be read in conjunction with the accompanyingnotes.

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