New Zealand Gazette – 1995 – No. 84

Page 2380

✨ Financial Statements



2380
NEW ZEALAND GAZETTE
No. 84

ELECTRICITY ASHBURTON LIMITED - ENERGY AND OTHER BUSINESS ACTIVITIES
STATEMENT OF FINANCIAL PERFORMANCE
FOR THE YEAR ENDED 31 MARCH 1995

REVENUE Notes 1995
1 $15,083,308
OPERATING EXPENDITURE 2 14,406,596
DEPRECIATION 106,646
14,513,242
OPERATING SURPLUS before Taxation 3 570,066
Provision for Taxation 193,822
OPERATING SURPLUS after Taxation 376,244
Retained Earnings at Beginning of Year 25,277
RETAINED EARNINGS AT END OF YEAR $401,521

STATEMENT OF FINANCIAL POSITION
AS AT 31 MARCH 1995

SHAREHOLDERS’ EQUITY : Notes 1995
Authorised and Issued Capital : $
5,800,000 ordinary shares of $1 fully paid 5,800,000
Share Premium Reserve 775,812
Retained Earnings 401,521
TOTAL SHAREHOLDERS’ EQUITY $6,977,333

REPRESENTED BY :

CURRENT ASSETS :
Bank and Short Term Deposits 5 439,070
Accounts Receivable 3,127,530
Inventories 926,592
Total Current Assets: 4,493,192
CURRENT LIABILITIES : 6
Accounts Payable 1,745,674
Provision for Taxation 126,368
Total Current Liabilities 1,872,042
WORKING CAPITAL 2,621,150
NON CURRENT ASSETS :
Investments 4 30,223
Fixed Assets 4,446,637
Total Non Current Assets 4,476,860
NON CURRENT LIABILITIES :
Deferred Taxation -120,677
TOTAL NET ASSETS $6,977,333

For and on behalf of the Board :

DIRECTOR

DATE 1st August 1995

DIRECTOR

The accompanying notes form part of these financial statements



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✨ LLM interpretation of page content

🏭 Electricity Ashburton Limited Financial Performance

🏭 Trade, Customs & Industry
1 August 1995
Financial Performance, Revenue, Expenditure, Retained Earnings
  • DIRECTOR
  • DIRECTOR

🏭 Electricity Ashburton Limited Financial Position

🏭 Trade, Customs & Industry
1 August 1995
Financial Position, Shareholders' Equity, Assets, Liabilities
  • DIRECTOR
  • DIRECTOR