✨ Financial Statements
30 AUGUST NEW ZEALAND GAZETTE 2479
WAIPA POWER LIMITED - LINE BUSINESS
STATEMENT OF FINANCIAL POSITION
AS AT 31 MARCH 1996
| Note | 1996 $ | 1995 $ |
|---|---|---|
| EQUITY | ||
| Authorised and paid up capital | 4 | 8,000,000 |
| Capitalisation of assets reserve | 5 | 7,903,349 |
| Revaluation of assets reserve | 32,827,736 | |
| Retained earnings | 1,037,332 | |
| TOTAL EQUITY | 49,768,417 |
Represented By:
CURRENT ASSETS
Cash and Bank 573,371 273,246
Short term investments 4,860,000 4,864,322
Receivables and prepayments 676,426 1,106,359
Inventories 317,919 500,596
6,427,716 6,744,523
CURRENT LIABILITIES
Accounts payable and accruals - trade 584,148 739,662
Provisions 1,323,692 1,222,556
Taxation payable (8,534) (43,680)
1,899,306 1,918,538
WORKING CAPITAL 4,528,410 4,825,985
NON - CURRENT ASSETS
Fixed assets 45,240,007 11,782,502
Future taxation benefit - (101,989)
NET ASSETS 49,768,417 16,506,498
For and on behalf of the Company
D M Reed Director J J Van Eden Director
The accompanying notes form part of and are to be read in conjunction with these financial statements. The financial statements have been prepared for the purpose of complying with the requirements of the Electricity (Information Disclosure) Regulations 1994 and are not intended for any other purpose.
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VUW Te Waharoa —
NZ Gazette 1996, No 95
NZLII —
NZ Gazette 1996, No 95
✨ LLM interpretation of page content
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Electricity Information Disclosure by Waipa Power Limited
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🏭 Trade, Customs & IndustryElectricity, Financial Performance, Waipa Power Limited, Line Business
- D M Reed, Director
- J J Van Eden, Director