β¨ Financial Statements Notes
NEW ZEALAND GAZETTE
No. 80
DUNEDIN ELECTRICITY LTD
CONTRACTING BUSINESS NOTES TO THE FINANCIAL STATEMENTS
For the Year Ended 31 March 1995
Note 1 : Taxation
| $000 | |
|---|---|
| Profit before taxation | 1,872 |
| Tax at 33% | 615 |
Note 2 : Current Assets
Included in current assets are the following:
| $000 | |
|---|---|
| Accounts Receivable | 1,693 |
| Internal Investment | 5,770 |
| Inventory | 25 |
| 7,488 |
Note 3 : Current Liabilities
Included in current liabilities are the following:
| $000 | |
|---|---|
| Accounts Payable | 2,167 |
| Taxation Payable | 615 |
| Dividend Payable | 248 |
| 3,030 |
Note 4 : Fixed Assets
| Cost or Revaluation | Accumulated Depreciation | Book Value | |
|---|---|---|---|
| $000 | $000 | $000 | |
| Furniture | 62 | 14 | 48 |
| Plant | 876 | 219 | 657 |
| Motor Vehicles | 749 | 435 | 314 |
| 1,687 | 668 | 1,019 |
Note 5 : Term Liabilities
The term liability at 31 March 1995 is for employee gratuities that are not payable until after 31 March 1996.
Note 6 : Commitments
At 31 March 1995, no expenditure commitments existed.
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VUW Te Waharoa —
NZ Gazette 1995, No 80
NZLII —
NZ Gazette 1995, No 80
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Dunedin Electricity Ltd Contracting Business Balance Sheet
(continued from previous page)
π Trade, Customs & IndustryBalance Sheet, Financial Performance, Assets, Liabilities, Shareholder Funds, Dunedin Electricity Ltd