✨ Financial Statements




30 AUGUST

NEW ZEALAND GAZETTE

2575

Electro Power Limited

Electricity Retailing Business

Notes To And Forming Part Of The Financial Statements

For The Year Ended 31 March 1995

1995

$'000

6 INVESTMENTS

PowerBuy Group Limited 15

7 FIXED ASSETS

| | Cost | Accumulated | Net Book Value |
|-----------------------|-------| Depreciation | 31/3/95 |
| | $'000 | $'000 | $'000 |
| Buildings | 3 | - | 3 |
| Motor vehicles | 45 | 17 | 28 |
| Furniture and fittings| 83 | 41 | 42 |
| Computer equipment | 330 | 138 | 192 |
| | 461 | 196 | 265 |

8 SUNDRY CREDITORS

1995

$'000

Trade creditors 827
Sundry accruals 17
Customer Deposits 135
979

9 CONTINGENT LIABILITIES

Electro Power Limited has invested in 40,000 $1 shares in PowerBuy Group Ltd paid up to 37.5%.

10 CAPITAL COMMITMENTS

There were no significant capital commitments as at 31 March 1995.



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✨ LLM interpretation of page content

🏭 Financial Statement Disclosure for Electro Power Limited (continued from previous page)

🏭 Trade, Customs & Industry
Electricity, Financial Statements, Investments, Fixed Assets, Contingent Liabilities