New Zealand Gazette – 1995 – No. 93

Page 2854

✨ Financial Statements

2854 NEW ZEALAND GAZETTE No. 93
Page 8

TAURANGA ELECTRICITY LIMITED

STATEMENT OF FINANCIAL POSITION
AS AT 31 MARCH 1995

SHAREHOLDERS’ FUNDS	Notes	Line Business	Other Businesses
Share capital	5	4,757,666	12,342,334
Retained earnings		275,690	365,595
		5,033,356	12,707,929
TERM LIABILITY	6	2,612,052	187,948
CURRENT LIABILITIES
Accounts payable and accruals	7	1,392,055	120,650
Provision for dividend		30,196	202,173
Current portion of term liability		373,150	26,850
		1,795,401	349,673
TOTAL CORPORATE OWNERSHIP AND LIABILITIES		$9,440,809	$13,245,550

| FIXED ASSETS | 8 | 7,572,505 | 544,874 |
| INVESTMENT | 10 | 0 | 11,636,114 |
| FUTURE TAXATION BENEFIT | 11 | 54,202 | 3,900 |
| CURRENT ASSETS | | | |
| Cash and Bank | | 194,735 | 30,269 |
| Accounts receivable & prepayments | 12 | 1,280,043 | 451,463 |
| Taxation refund | 13 | 8,770 | 1,796 |
| Inventories | | 330,554 | 267,134 |
| Short term deposits | | | 310,000 |
| | | 1,814,102 | 1,060,662 |
| TOTAL ASSETS | | $9,440,809 | $13,245,550 |

The accompanying Statement of Accounting Policies and Notes form part of and are to be read in conjunction with these Financial Statements.
The Financial Statements have been prepared solely for the purpose of complying with Regulations 6[2] and 6[3] of the Electricity [Information Disclosure] Regulations 1994 and are not intended for any other purpose.

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VUW Te Waharoa — NZ Gazette 1995, No 93

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✨ LLM interpretation of page content

🏭 Tauranga Electricity Limited 1995 Financial Statements (continued from previous page)

Domain🏭 Trade, Customs & Industry
Dated31 March 1995
KeywordsFinancial Statements, Shareholders' Funds, Liabilities, Assets, Electricity, Tauranga

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