β¨ 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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VUW Te Waharoa —
NZ Gazette 1996, No 174
NZLII —
NZ Gazette 1996, No 174
β¨ LLM interpretation of page content
π
Electricity Corporation Financial Position
(continued from previous page)
π Trade, Customs & IndustryFinancial Position, Assets, Liabilities, Equity, Electricity Corporation