Consolidated Parent
2006
2006
Notes
$000
$000
Note 8. PREPAYMENTS AND DEPOSITS
Deferred option premiums
135
Prepayments
1,971
Deposits
265
Total prepayments and deposits
2,371
2,371
2007 2007
$000 $000
20 135 20
664 1,971 664
172 265 172
856 856
Note 9. OTHER RECEIVABLES (NON-CURRENT)
Accrued revenue
-Other
377
377
Total non-current other receivables
377
--
-377 -
The non-current receivables at June 06 have been discounted using the Commonwealth
Government bond rate.
Note 10. INVESTMENT IN ASSOCIATE
Unlisted:
AUS-MEAT Limited
-
-
--
AUS-MEAT Limited became an associated entity in 1998/99 and is jointly owned
(50% each) by MLA and Australian Meat
Processor Corporation Limited.
AUS-MEAT Limited is an independent company limited by guarantee with operations
split into two principal areas, the
Standards division and the Services division. It is incorporated in Australia.
MLA has a continuing commitment to support AUS-MEAT Limited. The contribution
for the financial year ended 30 June 2007
was $650,000 (2006: $650,000).
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