✨ Financial Statements




NEW ZEALAND GAZETTE

No. 107

WAITOMO ENERGY SERVICES LIMITED

Line Business Activity

Statement of Financial Position
As At 31st March 1997

Note 1997
$ 000

CORPORATE FUNDS

Share Capital | | 6,021 |
Retained Earnings | | 2,518 |
Revaluation Reserve| | 18,982|
| |-------|
| | 27,521|

Fixed Assets

                  | 4    | 31,324|

Investments | | 0 |
| |-------|
| | 31,324|

Current Assets

Cash | | 0 |
Receivables and Prepayments | | 1,388 |
Inventory | | 462 |
Work in Progress | | 6 |
| |-------|
| | 1,856 |

Total Assets Employed | | 33,180|

Term Liabilities

Loans | 5 | 3,000 |
Deferred Tax | 6 | 411 |
| |-------|
| | 3,411 |

Current Liabilities

Accounts Payable | | 413 |
General Provisions | | 347 |
Short Term Loan | | 500 |
Customer Discount Provision | | 988 |
| |-------|
| | 2,248 |

Total Liabilities | | 5,659 |

Net Assets Employed | | 27,521|

1996
$ 000

CORPORATE FUNDS

Share Capital | | 8,000 |
Retained Earnings | | 1,536 |
Revaluation Reserve| | (49) |
| |-------|
| | 2,487 |

Fixed Assets | 4 | 11,775|

Investments | | 850 |
| |-------|
| | 12,625|

Current Assets

Cash | | 0 |
Receivables and Prepayments | | 1,291 |
Inventory | | 445 |
Work in Progress | | 0 |
| |-------|
| | 1,736 |

Total Assets Employed | | 14,361|

Term Liabilities

Loans | 5 | 3,000 |
Deferred Tax | 6 | 528 |
| |-------|
| | 3,528 |

Current Liabilities

Accounts Payable | | 395 |
General Provisions | | 248 |
Short Term Loan | | 0 |
Customer Discount Provision | | 703 |
| |-------|
| | 1,346 |

Total Liabilities | | 4,874 |

Net Assets Employed | | 9,487 |



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🏭 Notes to the Financial Statements for Waitomo Energy Services Limited (continued from previous page)

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