✨ Financial Statements




30 SEPTEMBER NEW ZEALAND GAZETTE 3237

TOP ENERGY LIMITED

SPECIAL PURPOSE FINANCIAL STATEMENTS

STATEMENT OF FINANCIAL POSITION

AS AT 31 MARCH 1996

LINE BUSINESS ENERGY TRADING
$ $
SHAREHOLDERS' FUNDS 43,936,457 550,904

Represented by:

| | | |
| TERM LIABILITIES | | |
| Debt restructuring provision | 10 | 5,789,070 | 17,640 |
| | 19 | 610,833 | 1,861 |
| | | 6,399,903 | 19,501 |

| CURRENT LIABILITIES | | |
| Creditors and accruals | 11 | 2,689,831 | 1,372,921 |
| Taxation payable | | 196,890 | 32,254 |
| | | 2,886,721 | 1,405,175 |

| INTER DIVISIONAL CURRENT ACCOUNTS | 2,749,977 | (102,433) |

| FIXED ASSETS | 12 | 47,546,275 | 145,883 |

| INVESTMENTS | 9 | 0 | 180,395 |

| CURRENT ASSETS | | |
| Cash and bank balances | 13 | 855,010 | 3,190 |
| Accounts receivable | 14 | 2,071,819 | 1,748,545 |
| | | 2,926,829 | 1,751,735 |

                        | 43,936,457    | 550,904       |

This statement is to be read in conjunction with the notes and accounting policies on pages 5 to 20 and the audit reports on pages 23 - 25. The Financial Statements have been prepared solely for the purpose of complying with regulations 6(2) and 6(3) of the Electricity (Information Disclosure) Regulations 1994 and are not intended for any other purpose.

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