118 / 156
NOTES TO THE FINANCIAL STATEMENTS
continued
for the year ended 30 June 2015
13. Non-current assets classified as held for sale
GROUP
June 2015
R000
GROUP
June 2014
R000
COMPANY
June 2015
R000
COMPANY
June 2014
R000
Investment property
Willowbridge
The centre was valued on 30 June 2015 at R622 million,
being the fair value of the investment property.
The assets and liabilities of Willowbridge Shopping
Centre are reflected at their carrying amounts at
30 June 2015 as follows:
Assets
626 025
600 710
626 025
600 710
Investment property
619 892
594 000
619 892
594 000
Building appurtenances and tenant installations
2 108
1 996
2 108
1 996
Trade and other receivables
2 617
3 711
2 617
3 711
Cash and cash equivalents
1 408
1 003
1 408
1 003
Liabilities
11 494
20 299
11 494
20 299
Trade and other payables
11 494
20 299
11 494
20 299
Classified as held for sale in the statements of financial
position
614 531
580 411
614 531
580 411
Somerset Value Mart
The centre was valued on 30 June 2015 at R193 million,
being the fair value of the investment property.
The assets and liabilities of Somerset Value Mart are
reflected at their carrying amounts at 30 June 2015 as
follows:
Assets
194 892
194 892
Investment property
192 835
192 835
Building appurtenances and tenant installations
165
165
Trade and other receivables
1 256
1 256
Cash and cash equivalents
636
636
Liabilities
1 855
1 855
Trade and other payables
1 855
1 855
Classified as held for sale in the statements of financial
position
193 037
193 037
Standalone office parks
The office parks were valued at 30 June 2015 at
R409 million, being the fair value of the investment
properties.
The assets and liabilities of the office parks are reflected
at their carrying amounts at 30 June 2015 as follows:
Assets
412 370
378 381
412 370
378 381
Investment property
404 397
367 000
404 397
367 000
Building appurtenances and tenant installations
4 603
3 341
4 603
3 341
Trade and other receivables
2 631
6 709
2 631
6 709
Cash and cash equivalents
739
1 331
739
1 331
Liabilities
8 218
19 512
8 218
19 512
Trade and other payables
8 218
19 512
8 218
19 512
Classified as held for sale in the statements of financial
position
404 152
358 869
404 152
358 869
116
Hyprop Investments Limited
Integrated Report 2015
FINANCIAL STATEMENTS