✨ Financial Statements




2554 NEW ZEALAND GAZETTE No. 98

Electro Power Limited

Electricity Retailing Business

Statement of Financial Position

as at 31 March 1996

| | Note | 1996
| | | $'000 | | 1995
| | | $'000 |
|----------------|------|-------------|-------------|
| SHAREHOLDERS' FUNDS |
| Share capital | 4 | 265 | 265 |
| Retained earnings | | 131 | 60 |
| TOTAL SHAREHOLDERS' FUNDS | | 396 | 325 |

Represented by:

CURRENT ASSETS
Provision for taxation 5 45
Accounts receivable 5 1,235
TOTAL CURRENT ASSETS 1,280
INVESTMENTS
6 -
FIXED ASSETS
7 243

| TOTAL ASSETS | | 1,523 | 1,364 |

CURRENT LIABILITIES
Sundry creditors 8 1,127
Provision for taxation -
TOTAL CURRENT LIABILITIES 1,127

| TOTAL LIABILITIES | | 1,127 | 1,039 |

| NET ASSETS | | 396 | 325 |

The statement of accounting policies and accompanying notes on pages 4 to 9 form part of and are to be read in conjunction with these financial statements.



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✨ LLM interpretation of page content

🏭 Financial statement disclosure for the Electricity Retailing Business (continued from previous page)

🏭 Trade, Customs & Industry
Financial Statement, Disclosure, Electricity Retailing, Operating Revenues, Operating Expenses, Taxation, Retained Earnings