✨ Financial Statements




18 AUGUST NEW ZEALAND GAZETTE 2297

  1. ACCOUNTS RECEIVABLE

| NETWORK | GENERATION | ENERGY | TOTAL BUSINESS |
| AS AT | AS AT | AS AT | AS AT |
| 31 MARCH | 31 MARCH | 31 MARCH | 31 MARCH |
| | 1995 | 1995 | 1995 |

The balance of Accounts Receivable comprises:

1995
Electricity and other trade debtors 230,902 57,914 2,064,517 2,353,333
Hire Purchase Debtors 1,035,373 1,035,373
Provision for Doubtful Debts (65,774) (65,774)

| TOTAL | 230,902 | 57,914 | 3,034,116 | 3,322,932 |

  1. INVENTORIES

| NETWORK | GENERATION | ENERGY | TOTAL BUSINESS |
| AS AT | AS AT | AS AT | AS AT |
| 31 MARCH | 31 MARCH | 31 MARCH | 31 MARCH |
| | 1995 | 1995 | 1995 |
| | $ | $ | $ |

| Reticulation Stock | 1,137,842 | | | 1,137,842 |
| Work in Progress (at cost) | 185,604 | | | 185,604 |
| Retail Trading stock | | | 504,381 | 504,381 |

| TOTAL | 1,137,842 | 0 | 689,985 | 1,827,827 |

  1. TERM LIABILITIES

| NETWORK | GENERATION | ENERGY | TOTAL BUSINESS |
| AS AT | AS AT | AS AT | AS AT |
| 31 MARCH | 31 MARCH | 31 MARCH | 31 MARCH |
| | 1995 | 1995 | 1995 |
| | | | $ |

| | Interest | Maturity | | |
| | Rate | Date | | |

| 1994 Term Debt Facility | 30.4.96 | 8,800,000 | | 1,000,000 |
| | | | | 9,800,000 |

No security has been issued in respect of Marlborough Electric's term liabilities.

  • Interest Rate linked to 90 Day Bank Bill Rate (National Bank buy rate).


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✨ LLM interpretation of page content

πŸ’° Notes to Financial Statements of Marlborough Electric Limited (continued from previous page)

πŸ’° Finance & Revenue
Financial Statements, Accounts Receivable, Inventories, Term Liabilities, Marlborough Electric