β¨ Financial Statements
NEW ZEALAND GAZETTE
No. 98
Electro Power Limited
Line Business
Statement of Financial Position
as at 31 March 1996
| | Note | 1996
| | | $'000 | 1995
| | | | $'000
|----------------|------|-------|-------
| SHAREHOLDERS' FUNDS | | |
| Share capital | 4 | 12,345 | 12,345 |
| Retained earnings | | 2,157 | 1,757 |
| TOTAL SHAREHOLDERS' FUNDS | | 14,502 | 14,102 |
Represented by:
| CURRENT ASSETS | | |
| Short term deposits | 5 | 1,575 | 1,100 |
| Accounts receivable | 6 | 1,185 | 1,203 |
| Inventory | | 294 | 354 |
| Provision for taxation | | 119 | - |
| TOTAL CURRENT ASSETS | | 3,173 | 2,657 |
| FIXED ASSETS | 7 | 20,882 | 19,711 |
| TOTAL ASSETS | | 24,055 | 22,368 |
| CURRENT LIABILITIES | | |
| Bank overdraft | | 84 | 69 |
| Sundry creditors | 8 | 1,969 | 1,573 |
| Provision for taxation | | - | 124 |
| TOTAL CURRENT LIABILITIES | | 2,053 | 1,766 |
| LONG TERM LIABILITIES | 9 | 7,500 | 6,500 |
| TOTAL LIABILITIES | | 9,553 | 8,266 |
| NET ASSETS | | 14,502 | 14,102 |
The statement of accounting policies and the accompanying notes on pages 4 to 10 form part of and are to be read in conjunction with these financial statements.
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VUW Te Waharoa —
NZ Gazette 1996, No 98
NZLII —
NZ Gazette 1996, No 98
β¨ LLM interpretation of page content
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Financial statement disclosure for the Line Business and Electricity Retailing Business
(continued from previous page)
π Trade, Customs & IndustryFinancial Statement, Disclosure, Line Business, Electricity Retailing