✨ Financial Statements




2 DECEMBER

NEW ZEALAND GAZETTE

4583

ELECTRICITY CORPORATION OF NEW ZEALAND LIMITED

STATEMENT OF FINANCIAL POSITION

AS AT 30 JUNE 1996

Notes 1996 1995
$M $M

ASSETS

CURRENT ASSETS | 6 | 251 | 334 |

NON CURRENT ASSETS

Term Assets | 7 | 34 | 54 |
Fixed Assets | 8 | 3,230 | 4,142 |

TOTAL ASSETS | | 3,515 | 4,530 |

LIABILITIES AND EQUITY

CURRENT LIABILITIES | 9 | 572 | 669 |

NON CURRENT LIABILITIES

Term Liabilities | 10 | 716 | 1,087 |
Deferred Taxation | 11 | 290 | 192 |

TOTAL LIABILITIES| | 1,578 | 1,948 |

EQUITY | | 1,937 | 2,582 |

TOTAL LIABILITIES AND EQUITY | | 3,515 | 4,530 |

The accounting policies on pages 3 to 5 and notes on pages 6 to 17 form part of these financial statements.

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🏭 Electricity Corporation Financial Position (continued from previous page)

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