✨ Financial Statements




NEW ZEALAND GAZETTE

No. 111

CENTRAL ELECTRIC LIMITED

LINE BUSINESS UNIT

Statement of Financial Position as at 31 March 1997

31.03.97 $ 31.03.96 $

Equity
Issued and paid up Capital | 18,741,812 | 18,741,812 |
Share Premium Reserve | 1,332,446 | 1,332,446 |
Retained Earnings | 5,773,636 | 4,235,597 |

Total Equity | $25,847,894 | $24,309,855 |

Represented by:

Current Assets | 1,386,296 | 2,666,653 |
Less: Current Liabilities | 921,085 | 1,272,433 |

Net Working Capital | $465,211 | $1,394,220 |

Non Current Assets
Investments | β€” | 64,322 |
Fixed Assets | 25,506,583 | 22,975,213 |

Total Assets | $25,971,794 | $24,433,755 |

Less Non Current Liabilities
Term Liabilities | 123,900 | 123,900 |

Net Assets | $25,847,894 | $24,309,855 |



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