β¨ Financial Statements
NEW ZEALAND GAZETTE
9 DECEMBER
THE POWER COMPANY LIMITED
LINE & ENERGY BUSINESS
STATEMENT OF FINANCIAL POSITION
AS AT 31 MARCH 1996
| 1995 | 1996 | |
|---|---|---|
| Line Business |
Current Assets
Cash at Bank | 1,207,100 | - | 829,157 |
Receivables | 690,547 | 788,343 | 192,657 |
Cash Investments | 15,800,000 | 83,357 | 2,456,643 |
Inventories | 496,659 | 418,012 | 575,243 |
Total Current Assets | 18,194,306 | 1,289,712 | 4,053,700 |
Non-Current Assets
Capital Work in Progress | 1,384,295 | 4,980,265 | - |
Fixed Assets | 32,548,114 | 30,005,349 | 1,208,621 |
Total Non-Current Assets | 33,932,409 | 34,985,614 | 1,208,621 |
TOTAL ASSETS | $52,126,715 | $36,275,326 | $5,262,321 |
Current Liabilities
Bank overdraft | 2,083,775 | 366,111 | - |
Accounts Payable and Accruals | 135,476 | 2,293,543 | 103,759 |
Provision for Tax | - | (282,676) | 136,749 |
Provision for Deferred Tax | 49,919 | 45,308 | 58,190 |
Total Current Liabilities | 2,269,170 | 2,422,286 | 298,698 |
Term Liabilities
| - | 10,885,293 | 1,114,707 |
TOTAL LIABILITIES | 2,269,170 | 13,307,579 | 1,413,405 |
Owners' Equity
Capital Reserve | 15,268,105 | 27,605,669 | 2,026,068 |
Retained Earnings | 34,589,440 | (4,637,922) | 682,848 |
Shareholder Loan | - | - | 1,140,000 |
Total Owners' Equity | 49,857,545 | 22,967,747 | 3,848,916 |
TOTAL LIABILITIES AND EQUITY | $52,126,715 | $36,275,326 | $5,262,321 |
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VUW Te Waharoa —
NZ Gazette 1996, No 178
NZLII —
NZ Gazette 1996, No 178
β¨ LLM interpretation of page content
π°
Financial Performance Statement for The Power Company Limited
(continued from previous page)
π° Finance & RevenueFinancial Performance, Income, Cost of Sales, Gross Profit, Overheads, Expenses, Depreciation, Taxation, Net Profit