✨ 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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✨ LLM interpretation of page content

🏒 Certification of Financial Statements for ScanPower Limited (continued from previous page)

🏒 State Enterprises & Insurance
17 August 1995
Financial statements, Accounting policies, Depreciation, Taxation, Investments, Cash management
  • CHAIRMAN
  • GENERAL MANAGER