New Zealand Gazette – 1995 – No. 101

Page 3171

✨ Financial Statements

18 SEPTEMBER NEW ZEALAND GAZETTE 3171

NOTE 2. SURPLUS BEFORE TAXATION

After charging Lines Energy
Audit fees 30 8
Bad debts written off 68 73
Depreciation expense 1513 155
(Gain)/Loss on sale fixed assets (1) -
Directors fees 107 28
Leasing and rental expenses 45 12
Brokerage 34 9
Merger proposal expenses 316 84
Articles of Association redrafting expenses 42 11

After Crediting
Sales 31768 24973
Interest 69 10
Dividends 666 -

NOTE 3. TAXATION

Taxation has been prorated between Line and Energy businesses using net profit before taxation as the allocation basis.

NOTE 4. CURRENT ASSETS

Cash 705 (3)
Debtors 2989 13755
Inventories 594 242
Fixed assets (Land and Building for sale) 639 -
4927 13994

NOTE 5. FIXED ASSETS

Network Lines and Equipment (Net) 29407 -
Freehold Land and Buildings (At Valuation) 4694 320
Other Fixed Assets (Net) 2058 441
36159 761

NOTE 6. INVESTMENTS

Associated companies - 3
Listed companies 16106 -
Subsidiary companies (four non-operating companies) - -
16106 3

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VUW Te Waharoa — NZ Gazette 1995, No 101

NZLII — NZ Gazette 1995, No 101

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✨ LLM interpretation of page content

🏭 Financial Statements for CentralPower Limited (continued from previous page)

Domain🏭 Trade, Customs & Industry
KeywordsFinancial Statements, Surplus, Taxation, Current Assets, Fixed Assets, Investments, CentralPower Limited

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