β¨ Financial Statements
4542 NEW ZEALAND GAZETTE No. 173
TRANS POWER NEW ZEALAND LIMITED GROUP
CONSOLIDATED STATEMENT OF FINANCIAL POSITION
AS AT 30 JUNE 1996
| Notes | 30 June 1996 | 30 June 1995 | |
|---|---|---|---|
| $'000 | $'000 |
Assets Employed
Current assets | 8 | 227,442 | 96,726 |
Investments | 9 | 3,869 | 2,800 |
Fixed assets | 10 | 2,878,561 | 2,873,570 |
Total Assets Employed | | 3,109,872| 2,973,096|
Funds Employed
Liabilities
Current liabilities | 11 | 546,659 | 1,225,092 |
Deferred maintenance | 12 | - | 3,872 |
Long term debt | 13 | 1,233,416 | 468,856 |
Total Liabilities | | 1,780,075| 1,697,820|
Equity
Capital | 14 | 1,200,000 | 1,200,000 |
Reserves | 15 | 55,319 | 44,525 |
Retained earnings | 16 | 74,478 | 30,751 |
Total Equity | | 1,329,797| 1,275,276|
Total Funds Employed | | 3,109,872| 2,973,096|
The notes on pages 6 to 32 form an integral part of these financial statements.
For, and on behalf of, the Board
D.S. Ritchie D.G. Sadler
Chairman Director
5 November 1996
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VUW Te Waharoa —
NZ Gazette 1996, No 173
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NZ Gazette 1996, No 173
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π
Consolidated Statement of Financial Position for Trans Power New Zealand Limited
(continued from previous page)
π Trade, Customs & Industry5 November 1996
Financial Statements, Assets, Liabilities, Equity, Trans Power New Zealand Limited
- D.S. Ritchie, Chairman
- D.G. Sadler, Director