✨ Financial Statements




3252 No. 101

NEW ZEALAND GAZETTE

HOROWHENUA ENERGY LIMITED (ELECTRICITY RETAIL BUSINESS) - Annual Report 1995

NOTES TO AND FORMING PART OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 1995 (continued)

2. Accounts Payable

1995 1994
$000 $000
ECNZ 1,284 1,301
Other Trade Creditors 35 -
Total 1,319 1,301

3. Fixed Assets

1995 1994
$000 $000
Plant and equipment
Cost 111 75
Accumulated depreciation 10 46
Net 101 29

| Vehicles | | |
| Cost | 25 | 25 |
| Accumulated depreciation | 11 | 6 |
| Net | 14 | 19 |

| Total Fixed Assets | 115 | 48 |

4. Receivables

1995 1994
$000 $000
Trade Debtors 1,845 2,014
Less Provision for Bad Debts 100 100
Net 1,745 1,914


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✨ LLM interpretation of page content

🏭 Horowhenua Energy Limited Annual Report 1995 (continued from previous page)

🏭 Trade, Customs & Industry
1 August 1995
Audit Report, Financial Statements, Certification, Electricity Regulations, Shareholders' Funds, Current Liabilities, Fixed Assets, Current Assets