Financial Statements




25 AUGUST NEW ZEALAND GAZETTE 2491

HAWKE’S BAY POWER DISTRIBUTION LIMITED AND SUBSIDIARY

BALANCE SHEET
AS AT 31 MARCH 1995

SHAREHOLDERS’ FUNDS Notes Lines Other
Business Businesses
$000 $000
Share Capital 58,000 6,000
Share Premium Reserve 2,661 -
Retained Earnings (2,632) 1,322
———— ————
58,029 7,322

Represented by:

FIXED ASSETS 5 62,247 208

OTHER LONG TERM ASSETS 3 563 -
Future Taxation Benefits

INVESTMENTS 8 -
Other Investments

CURRENT ASSETS
Cash 1,770 4,600
Receivables and Prepayments 6 3,428 5,167
Inventories 1,870 987
Work in Progress 155 3
Taxation Refund Due - 105
———— ————
7,223 10,862

TOTAL ASSETS 70,041 11,070

The accompanying Statement of Accounting Policies and Notes form part of and are to be read in conjunction with these Financial Statements. The Financial Statements have been prepared solely for the purpose of complying with regulations 6(2) and 6(3) of the Electricity (Information Disclosure) Regulations 1994 and are not intended for any other purpose.



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🏭 Certification of Financial Statements for Hawkes Bay Power Distribution Limited (continued from previous page)

🏭 Trade, Customs & Industry
10 August 1995
Financial Statements, Certification, Electricity Regulations, Hawkes Bay Power