6. Assets Held for Sale
In this section...
- Annual Report 2008/09 homepage
- Chief Executive's overview
- Strategic context 2008/2009
- LINZ's performance 2008/2009
- Financial statements
- LINZ information
- Appendix
| Actual 2008 $000 |
Actual 2009 $000 |
|
|---|---|---|
| – | Crown forest land | 19,971 |
| 11,507 | Crown pastoral land | 19,839 |
| – | Railway properties | 1,250 |
| – | Surplus government properties | 354 |
| 733 | Un-alienated Crown land | 3,638 |
| 12,240 | Total non-current assets held for sale | 45,052 |
The $45.052 million (2008:$12.240 million) includes forest land, rated properties and pastoral land classified as held for sale. They are expected to be disposed in the next 12 months as per disposal schedules (rated properties and forest land) and tenure reviews (pastoral land).
