Financial

For over 40 years through the ups and downs of the building cycle, Kane Constructions has achieved steady and sustainable growth. With annual turnover in excess of $600 million, the company is well placed to take on a mix of short, medium and longer term projects in the <$1million to $200 million value range.

With a strong balance sheet, no debt and significant cash reserves ($115 million) Kane offers its clients and their advisors financial assurance in relation to project delivery.

The construction group has total assets exceeding $150 million with a security facility to cater for over $1 billion of work under construction.

Kane is pre-qualified with the Victorian Department of Transport in their highest value category. In New South Wales and Queensland, the company is pre-qualified to undertake Government projects valued up to $80 million.

Kane follows standards of probity, governance and statutory compliance and has in place management accounting controls that would be the envy of many larger companies. Comprehensive, accurate and up to date cost and liquidity controls ensure that the Kane balance sheet supports the company's growth and commitments.

Kane maintains all relevant insurances.