✨ Financial Statements




2922 NEW ZEALAND GAZETTE
No. 95

MAINPOWER NEW ZEALAND LTD

Other Business Activities

Notes to and Forming Part of the Financial Statements

For the Year Ended 31 March 1995

  1. Net Surplus Before Taxation
    ($000)
    Net Surplus Before Taxation 1,130

    After Charging:
    Depreciation 185

  2. Reserves
    Company Establishment Reserve
    Balance at 31 March 1,099

    The Company Establishment Reserve represents the difference between the issued and paid up capital and the net assets vested in the Company from the former North Canterbury Electric Power Board at 1 May 1993.

  3. Retained Earnings
    Opening Balance
    Surplus Transferred from Statement of Financial Performance 757
    Total Retained Earnings 757

  4. Long Term Liabilities
    Provision for Gratuities 452
    Loan from Lines Business 500
    Total Long Term Liabilities 952

  5. Fixed Assets

    Assets B.V. 31.03.95 ($000)
    Motor Vehicles 495
    Plant & Equipment 432
    Furniture & Fittings 36
    Total 963


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