✨ Financial Statements




NEW ZEALAND GAZETTE

No. 105

Horowhenua Energy Limited Line and Energy Businesses - Annual Report 1996

Page 3

STATEMENTS OF FINANCIAL POSITION

AS AT 31 MARCH 1996

Note LINE ENERGY
1996 1995 1996 1995
$000 $000 $000 $000

SHAREHOLDERS' FUNDS

| | $53,227 | $27,130 | $1,081 | $541 |

CURRENT LIABILITIES

| | | | | |
| 3 | Accounts payable and accruals | 5,764 | 5,324 | 1,518 | 1,319 |
| | Other provisions | 371 | 39 | 0 | 0 |
| | | 6,135 | 5,363 | 1,518 | 1,319 |

| | | 59,362 | 32,493 | 2,599 | 1,860 |

FIXED ASSETS

| 4 | | 54,470 | 30,646 | 103 | 115 |

CURRENT ASSETS

| | Cash | 3,730 | 3 | 0 | 0 |
| 5 | Receivables and Accruals | 1,162 | 1,844 | 2,496 | 1,745 |

| | | 59,362 | 32,493 | 2,599 | 1,860 |


For and on behalf of the Board

Signature

W R Thessman, Chairman

A T Colbert, Director

The accompanying notes form part of these financial statements.



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πŸ’° Auditor's Certification of Financial Statements (continued from previous page)

πŸ’° Finance & Revenue
26 August 1996
Financial statements, audit, certification, Horowhenua Energy Limited
  • W R Thessman, Chairman
  • A T Colbert, Director