β¨ Financial Statements
NEW ZEALAND GAZETTE
No. 89
ScanPOWER LTD (LINE BUSINESS)
STATEMENT OF FINANCIAL POSITION
AS AT 31st MARCH 1995
| NOTES | LINE BUSINESS | 31/3/95 $ | 31/3/94 $ |
|---|---|---|---|
| ASSETS | |||
| CURRENT ASSETS | |||
| Bank and Cash on Hand | 28,017 | 220,204 | |
| Short Term Investments | 822,441 | 1,176,739 | |
| 1 | Sundry Debtors | 8,458 | 25,757 |
| Prepayments and Accruals | 23,114 | 17,549 | |
| Tax Provision | 21,556 | - | |
| 2 | Inventories | 91,164 | 72,605 |
| Deferred Tax Account | - | 24,528 | |
| Total Current Assets | 994,750 | 1,537,376 | |
| FIXED & LONG TERM ASSETS | |||
| 5 | Distribution Assets | 4,807,813 | 4,961,697 |
| 5 | Non Distribution Assets | 965,805 | 940,479 |
| Capital Work In Progress | 36,851 | 17,356 | |
| Total Fixed Assets | 5,810,469 | 5,919,532 | |
| 8 | Investments | 511,219 | 15,000 |
| TOTAL ASSETS | 7,316,438 | 7,471,908 | |
| LIABILITIES | |||
| CURRENT LIABILITIES | |||
| 3 | Sundry Creditors | 294,518 | 140,835 |
| 7 | Current Portion of Term Loans | - | 250,000 |
| Accruals | 123,964 | 115,230 | |
| Taxation Provision | - | 31,112 | |
| Proposed Dividend | 10,000 | 38,153 | |
| Deferred Tax Account | 5,905 | - | |
| Total Current Liabilities | 434,387 | 575,331 | |
| TERM LIABILITIES | 24,900 | 24,900 | |
| 7 | SHAREHOLDERS' FUNDS | 6,857,151 | 6,871,678 |
| TOTAL LIABILITIES AND SHAREHOLDERS' FUNDS | 7,316,438 | 7,471,908 |
The accompanying notes form part of these financial statements
............................................. CHAIRMAN
............................................. GENERAL MANAGER
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VUW Te Waharoa —
NZ Gazette 1995, No 89
NZLII —
NZ Gazette 1995, No 89
β¨ LLM interpretation of page content
π’
Certification of Financial Statements for ScanPower Limited
(continued from previous page)
π’ State Enterprises & Insurance17 August 1995
Financial statements, Accounting policies, Depreciation, Taxation, Investments, Cash management
- CHAIRMAN
- GENERAL MANAGER