✨ Financial Statements




2966 NEW ZEALAND GAZETTE No. 95

WESTPOWER LIMITED

STATEMENTS OF FINANCIAL POSITION FOR THE YEAR ENDED 31 MARCH 1995

Note LINES BUSINESS $ '000 GENERATION BUSINESS $ '000 OTHER BUSINESSES $ '000

TOTAL EQUITY

| | 22,833 | 26,638 | 2,534 |

CURRENT ASSETS:

Bank & Cash | 32 | (17) | 238 |
Debtors | 635 | 0 | 1,892 |
Income Tax Refund Due | 147 | 169 | (11) |
Inventories - Reticulation | 848 | 0 | 0 |
Inventories - Appliance Sales & Servicing | 0 | 0 | 544 |
| 1,662 | 152 | 2,663 |

NON-CURRENT ASSETS:

Investments | 71 | 105 | 39 |
Fixed Assets | 28,612 | 35,067 | 1,666 |
| 28,683 | 35,172 | 1,705 |

TOTAL ASSETS | 30,345 | 35,324 | 4,368 |

CURRENT LIABILITIES:

Bank Account | 6 | (3) | 43 |
Creditors, Accruals & Consumer Deposits | 1,429 | 277 | 1,001 |
Short-term Loan - West Coast EP Trust | 63 | (34) | 460 |
| 1,498 | 240 | 1,504 |

NON-CURRENT LIABILITIES:

Borrowings | 5,600 | 8,400 | 0 |
Provision for Retiring Gratuities | 414 | 46 | 330 |
| 6,014 | 8,446 | 330 |

TOTAL LIABILITIES | 7,512 | 8,686 | 1,834 |

NET ASSETS | 22,833 | 26,638 | 2,534 |

The accompanying notes form part of and are to be read in conjunction with these financial statements.



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✨ LLM interpretation of page content

πŸ’° Westpower Limited Statement of Financial Position (continued from previous page)

πŸ’° Finance & Revenue
Financial Position, Assets, Liabilities, Equity, Westpower Limited