New Zealand Gazette – 1996 – No. 103

Page 2658

✨ Financial Statements



2658 NEW ZEALAND GAZETTE No. 103

BULLER ELECTRICITY LIMITED

NOTES TO AND FORMING PART OF THE FINANCIAL STATEMENTS

| | Line Operator | | Energy Trading |
| | 1996 | 1995 | Note | 1996 | 1995 |
| | $ | $ | | $ | $ |

1. Accounts Receivable

  • Electricity | 223,028 | 218,131 | | 320,940 | 339,079 |

  • Provision for Doubtful Debts | (18,202) | (15,537) | | (26,191) | (37,345) |

  • Taxation Refund Due | 3,084 | 23,697 | | 3,084 | 23,697 |

  • Work in Progress | 83 | - | | - | 19,408 |

  • Other | 12,048 | 3,434 | | 11,004 | 1,343 |

  • Sundry Debtors | 7,439 | 18,702 | | 490,662 | 509,867 |

  • Provision for Doubtful Debts | - | - | | (17,522) | - |

                  | 227,480   | 248,427   |       | 781,977   | 856,049   |

2. Accounts Payable

  • Trade Creditors | 430,592 | 227,611 | | 383,773 | 415,918 |

  • Accrued Leave Liability | 41,993 | 37,563 | | 39,880 | 39,715 |

  • Other Accruals | 147,338 | 148,129 | | 114,268 | 156,124 |

  • Current Portion - Term Liabilities| - | 11,173 | | - | - |

  • Consumer Deposits | 17,839 | 15,051 | | 25,673 | 27,952 |

  • Provision for Dividend | 61,500 | - | | - | - |

  • Other | 3,732 | 3,138 | | 51,015 | 17,491 |

                  | 702,994   | 442,665   |       | 614,609   | 657,200   |

3. Deferred Taxation

  • Deferred Tax April 1 | (20,328) | 13,562 | | 34,693 | 20,344 |

  • Less Plus Deferred Tax | (17,221) | (33,890) | | 7,166 | 14,349 |

                  | (37,549)  | (20,328)  |       | 41,859        | 34,693    |


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✨ LLM interpretation of page content

💰 Statement of Financial Position for Buller Electricity Limited (continued from previous page)

💰 Finance & Revenue
14 August 1996
Financial Statements, Equity, Assets, Liabilities, Buller Electricity, Line Operator, Energy Trading