✨ Financial Statements




8 SEPTEMBER NEW ZEALAND GAZETTE 3029

Wairoa Power Limited - Other Businesses

STATEMENT OF FINANCIAL POSITION

AS AT 31 MARCH 1995

Note 1995 1994
SHAREHOLDERS FUNDS
Share Capital 6 2,703,205 2,690,371
Reserves 7 230,058 230,058
Retained Earnings (436,074) (322,026)
2,497,189 2,598,403

| TERM LIABILITIES | | | |
| | 8 | 600,000 | 1,077,000 |

| CURRENT LIABILITIES | | | |
| Accounts Payable and Accruals | 9 | 755,344 | 473,562 |
| Current portion term liabilities | 8 | 230,000 | 0 |
| Provision for Dividend | | 170,741 | 66,345 |
| | | 1,156,085 | 539,907 |

| TOTAL LIABILITIES | | 4,253,274 | 4,215,310 |

| FIXED ASSETS | 10 | 1,747,506 | 1,807,730 |

| OTHER NON CURRENT ASSETS | | | |
| Deferred Taxation | 3 | 30,249 | - |

| INVESTMENTS | 11 | 62,082 | 83,238 |

| CURRENT ASSETS | | | |
| Bank and cash | | 1,800,000 | 1,800,000 |
| Receivables and prepayments | 12 | 395,467 | 384,409 |
| Provision for Income Tax | | 35,472 | (16,387) |
| Inventories | 13 | 182,498 | 156,320 |
| | | 2,413,437 | 2,324,342 |

| | | 4,253,274 | 4,215,310 |

The accompanying notes form part of these financial statements.



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✨ LLM interpretation of page content

🏭 Annual General Meeting of Wairoa Power Limited (continued from previous page)

🏭 Trade, Customs & Industry
20 August 1951
Financial Performance, Wairoa Power Limited, Sales, Operating Costs, Net Profit