✨ Financial Statement




NEW ZEALAND GAZETTE

No. 121

NORTHPOWER LIMITED

STATEMENT OF FINANCIAL POSITION - ENERGY BUSINESS

As at 31 March 1997

1997 $ 1996 $
CORPORATE OWNERSHIP:
Share Capital 8,249,998 8,249,998
Retained Earnings 831,931 549,454
TOTAL CORPORATE OWNERSHIP 9,081,929 8,799,452

| CURRENT ASSETS: | | |
| Cash and Bank | 224,224 | - |
| Short Term Deposits | 2,000,000 | 750,000 |
| Accounts Receivable | 5,458,322 | 4,545,770 |
| Inventory | 57,417 | 47,778 |
| TOTAL CURRENT ASSETS | 7,739,963 | 5,343,548 |

| CURRENT LIABILITIES: | | |
| Bank Overdraft | ( - ) | (81,845) |
| Sundry Creditors | (4,514,280) | (3,247,418) |
| GST Owed | (113,380) | (89,733) |
| Provision for Dividend | (929,800) | (413,700) |
| Employee Entitlements| (250,380) | (247,380) |
| TOTAL CURRENT LIABILITIES | (5,807,840) | (4,080,076) |

| WORKING CAPITAL | 1,932,123 | 1,263,472 |
| LOAN TO SUBSIDIARY | 1,557,959 | 1,560,010 |
| FIXED ASSETS | 5,591,847 | 5,975,970 |
| NET ASSETS | 9,081,929 | 8,799,452 |



Next Page →

PDF embedding disabled (Crown copyright)

View this page online at:


VUW Te Waharoa PDF NZ Gazette 1997, No 121


NZLII PDF NZ Gazette 1997, No 121





✨ LLM interpretation of page content

🏭 Certification of Financial Statements, Performance Measures and Statistics Disclosed by Northpower Ltd. (continued from previous page)

🏭 Trade, Customs & Industry
13 August 1997
Electricity, Financial Statements, Performance Measures, Information Disclosure, Regulations