✨ Financial Statements




29 SEPTEMBER NEW ZEALAND GAZETTE 3417

BULLER ELECTRICITY LIMITED

STATEMENT OF FINANCIAL POSITION AS AT MARCH 31 1995

Line Operator 1995 $ Note Energy Trading 1995 $

Shareholders Equity

Share Capital | 5,067,798 | | 1,182,202 |
Reserves | 221,846 | | 89,407 |
Retained Earnings | 314,208 | | (48,919) |
| 5,603,852 | | 1,222,690 |

Assets

Current Assets
Cash | 27,786 | | 35,039 |
Accounts Receivable | 248,427 | (1) | 856,049 |
Inventories | 414,970 | | 316,061 |
Short Term Deposits | 337,253 | | 100,000 |
| 1,028,436 | | 1,307,149 |

Non Current Assets
Fixed Assets | 5,038,409 | (4) | 534,539 |
Advance to Associate Companies | - | | 5,000 |
Investments in Associate Companies | - | | (1,491) |
Long Term Investments | (20,328) | (3) | - |
Deferred Taxation | - | | 34,693 |
| 5,028,081 | | 572,741 |

Total Assets | 6,056,517 | | 1,879,890 |

Liabilities

Current Liabilities
Accounts Payable | 442,665 | (2) | 657,200 |

Term Liabilities
Loan Finance | 10,000 | | - |
| 452,665 | | 657,200 |

Total Liabilities | 452,665 | | 657,200 |

Net Assets | 5,603,852 | | 1,222,690 |

For and on behalf of the Board

![Signature]

Director



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