✨ Financial Statement




21 OCTOBER NEW ZEALAND GAZETTE 4055

NELSON ELECTRICITY LIMITED

Line Business Statement of Financial Position as at 31 March 1996

Notes 1996 1995
$000's $000's

EQUITY
Share capital 5,000 5,000
Retained earnings 1,247 655
6,247 5,655

Represented By

CURRENT ASSETS
Bank and cash 200 567
Accounts receivable 598 411
Intercompany debtors 71 117
Investments 1,345 425
2,214 1,520

CURRENT LIABILITIES
Creditors 102 253
Provision for taxation 2 62
104 315

WORKING CAPITAL
2,110 1,205

NON CURRENT ASSETS
Fixed assets 1 5,964 6,291
5,964 6,291

NON CURRENT LIABILITIES
Deferred taxation 3 37 53
Term Loan 1,790 1,788
1,827 1,841

NET ASSETS
6,247 5,655



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🏭 Line Business Statement of Financial Position for Nelson Electricity Limited (continued from previous page)

🏭 Trade, Customs & Industry
Financial Position, Nelson Electricity Limited, Equity, Assets, Liabilities