New Zealand Gazette – 1996 – No. 104

Page 2679

✨ Financial Statements

4 SEPTEMBER NEW ZEALAND GAZETTE 2679

Notes to and Forming Part of the Financial Statements

For the Year Ended 31 March 1996

2 SHARE CAPITAL

	1996	1995
	$000	$000
Issued capital	108,028	108,028
less uncalled capital	1,335	2,968

Opening issued and paid up capital as at 31 March 1995
| | $106,693 | $105,060 |

	1996	1995
Calls on capital	1,279	1,633
Bonus share issue	3,541	-
Shares repurchased	(15,000)	-

Closing issued and paid up capital as at 31 March 1996
| | $96,513 | $106,693 |

Total number of ordinary shares issued as of 31 March 1996 amounted to 52,123,989. 503,933 shares were partly paid up as at that date, and $55,598 was uncalled.

3 RESERVES

	1996	1995
	$000	$000
Balance as at 31 March 1995	$26,607	$26,999
Bonus share issue transferred to capital	(3,541)	(280)
Reserves transferred from retained earnings	2,440	-
Bad debt write-off pertaining to Wanganui Rangitikei Electric Power Board	-	(112)

Balance as at 31 March 1996
| | $25,506 | $26,607 |

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VUW Te Waharoa — NZ Gazette 1996, No 104

NZLII — NZ Gazette 1996, No 104

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✨ LLM interpretation of page content

🏭 Powerco Limited Statement of Movements in Equity (continued from previous page)

Domain🏭 Trade, Customs & Industry
KeywordsFinancial Statement, Equity, Share Capital, Reserves

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