✨ Financial Statements Continuation




3044 NEW ZEALAND GAZETTE No. 97

Wairoa Power Limited - Lines Business

NOTES TO AND FORMING PART OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 1995 continued

1995 1994

5. DIVIDENDS AND BONUS ISSUES

Proposed distributions:

  • Proposed dividend 425,760 94,489

  • Proposed employee bonus issue - 22,166

                                    425,760  116,655

6. SHARE CAPITAL

Authorised Capital

  • Balance as at 31 March 1994 4,730,487 4,730,487

Issue of shares to employees 22,166 -

Total issued and paid up capital 4,752,653 4,730,487

7. RESERVES

Asset revaluation

  • Balance as at 31 March 1994 - -
  • Revaluation of Freehold land 48,404 -
  • Revaluation of Buildings 4,800 -

Balance as at 31 March 1995 53,204 -



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✨ LLM interpretation of page content

🏭 Notes to Financial Statements for Wairoa Power Limited (continued from previous page)

🏭 Trade, Customs & Industry
Accounting Policies, Financial Statements, Line Business, Wairoa Power Limited