2686 NEW ZEALAND GAZETTE No. 91

Generation Business Unit Energy Trading Business Unit
$000 $000

Shareholders’ Funds Shareholders’ Funds
Paid up Capital 7 11,395 Paid up Capital 7 400
Reserves 8 6,414 Reserves 8 225
Retained Earnings 9 999 Retained Deficit 9 (585)
Total Shareholders’ Funds 18,808 Total Shareholders’ Funds 40

Non Current Liabilities Non Current Liabilities
Term Liabilities 10 750 Term Liabilities 10 750
Deferred Taxation 11 734 Deferred Taxation 11 (257)
Total Non Current Liabilities 1,484 Total Non Current Liabilities 493

Current Liabilities Current Liabilities
Accounts payable and Accruals 353 Accounts payable and Accruals 1,607
Terms Liabilities repayable 750 Terms Liabilities repayable 750
within 12 months 10 within 12 months 10
Dividends Payable 1,481 Dividends Payable (520)
Total Current Liabilities 3,584 Taxation Payable 13 102
Total Shareholders’ Funds 23,876 Total Current Liabilities 1,939
and Liabilities Total Shareholders’ Funds 2,472
and Liabilities

Non Current Assets Non Current Assets
Fixed Assets 12 23,497 Fixed Assets 12 364
Total Non Current Assets 23,497 Investments 26
Total Non Current Assets 390

Current Assets Current Assets
Cash at Bank 20 Cash at Bank 20
Short Term Deposits 30 Short Term Deposits 30
Taxation Receivable 13 293 Accounts Receivable 2,032
Accounts Receivable 36
Total Current Assets 379 Total Current Assets 2,082
Total Assets 23,876 Total Assets 2,472

The notes form an integral part of these financial statements The notes form an integral part of these financial statements