✨ Financial Statements




18 AUGUST NEW ZEALAND GAZETTE 2309

NORTHPower

STATEMENT OF FINANCIAL POSITION - LINE BUSINESS

As At 31 March 1995

This Year
$

CORPORATE OWNERSHIP:
Share Capital 32,600,000
Asset Revaluation Reserve 4,438,742
Retained Earnings 11,243,697
TOTAL CORPORATE OWNERSHIP $48,282,439

CURRENT ASSETS:
Cash and Bank 15,126
Short Term Deposits 1,850,000
Accounts Receivable 2,245,690
Inventory 1,347,348
Tax Refund Due 357,866
Properties for Sale 273,500
TOTAL CURRENT ASSETS $6,089,530

CURRENT LIABILITIES:
Sundry Creditors (3,393,679)
GST Owed (29,821)
Provision for Dividend (1,307,200)
TOTAL CURRENT LIABILITIES ($4,730,700)

WORKING CAPITAL 1,358,830
DEFERRED TAXATION (765,505)
TERM RECEIVABLES 2,193,421
FIXED ASSETS 45,495,693
NET ASSETS $48,282,439



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🏭 Disclosure of Financial Statements for Northpower Limited (continued from previous page)

🏭 Trade, Customs & Industry
Financial Statements, Electricity, Northpower Limited, Disclosure