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New Zealand Gazette – 1995 – No. 91

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✨ Financial Statements

1 SEPTEMBER NEW ZEALAND GAZETTE 2719

POWERCO LIMITED - ENERGY BUSINESS

4 SHARE CAPITAL

The allocation of Share capital and reserves between the Energy business and the Line business is as follows:

Authorised Capital: - 34,000,000 Ordinary $1 shares

2,000,000 Cumulative Participating Preference $1 shares 36,000,000
```
    Total         Allocation Line      Energy
```
Issued and fully paid 14,685,704 11,863,973 2,821,731
Issued and partly paid 2,007,478 2,007,478 -
```
   16,693,182       13,871,451         2,821,731
```

5 CURRENT LIABILITIES

Trade creditors 2,119,664
Other creditors 311,066
Customer deposits 168,685
Provision for dividends 202,873

TOTAL CURRENT LIABILITIES 2,802,288

6 CURRENT ASSETS

Bank Deposits 2,926,574
Powerco Appliances Limited 1,396,523
Debtors 4,994,000
Tax Refund Due 9,997

TOTAL CURRENT ASSETS 9,327,094

7 INVESTMENTS

Energy Brokers 60,000
Powerco Appliances Limited Shares 525,000

TOTAL INVESTMENTS 585,000

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VUW Te Waharoa — NZ Gazette 1995, No 91

NZLII — NZ Gazette 1995, No 91

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✨ LLM interpretation of page content

🏭 Financial Statements for Powerco Limited (continued from previous page)

Domain🏭 Trade, Customs & Industry
KeywordsFinancial statements, Electricity, Share capital, Liabilities, Assets, Investments

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