✨ Financial Statements Notes




2196
NEW ZEALAND GAZETTE
No. 80

Note 3: Current Liabilities
Included in current liabilities are the following:
Accounts payable 278
Taxation payable 230
GST payable 442
Dividends payable 0


                    950
                  =====

Note 4: Fixed Assets
As at 31 March 1995
Cost or Revaluation Accumulated Book
$000 Depreciation Value
$000 $000
Land 694 - 694
Buildings 15,522 672 14,850
Dams 42,802 1,835 40,967
Plant 12,355 1,511 10,844
Lines & Meters 432 50 382


                   71,805               4,068      67,737
                  =======             =======     =======

Note 5: Term Liabilities
The term liability at 31 March 1995 is a term loan with Dunedin City Treasury Ltd which is secured by a first debenture over the Company's assets.

Note 6: Commitments
There were no capital commitments at 31 March 1995.

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🏭 Dunedin Electricity Ltd Electricity Generating Business Notes to Financial Statements (continued from previous page)

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Notes to Financial Statements, Current Liabilities, Fixed Assets, Term Liabilities, Commitments, Dunedin Electricity Ltd