✨ Financial Statements




4036 NEW ZEALAND GAZETTE No. 152

ALPINE ENERGY LIMITED

FINANCIAL STATEMENTS PREPARED IN ACCORDANCE WITH THE ELECTRICITY (INFORMATION DISCLOSURE) REGULATIONS 1994

STATEMENT OF FINANCIAL POSITION

AS AT 31 MARCH 1996

Notes Lines Other
$'000 $'000

SHAREHOLDERS EQUITY
Issued and Paid Up Capital | 26,596 | 124 |
Revaluation Reserve | 4 | 39,889 | 0 |
Retained Earnings | | 1,529 | 16 |

TOTAL SHAREHOLDERS EQUITY | | 68,014 | 140 |

Represented by:

CURRENT ASSETS
Cash and Bank Balances | 5 | 1,876 | 101 |
Accounts Receivable | | 245 | 91 |
Inventories | | 498 | 0 |

TOTAL CURRENT ASSETS | | 2,619 | 192 |

Less

CURRENT LIABILITIES
Accounts Payable | 6 | 393 | 68 |
Provision for Dividend | | 1,394 | 13 |

TOTAL CURRENT LIABILITIES | | 1,787 | 81 |

WORKING CAPITAL | | 832 | 111 |

NON CURRENT ASSETS
Goodwill | 7 | 424 | 0 |
Fixed Assets | 8 | 66,758 | 29 |
| | 67,182 | 29 |

NET ASSETS | | 68,014 | 140 |

The accompanying notes form part of these financial statements.



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