New Zealand Gazette – 1997 – No. 134

Page 3155

✨ Financial Statements

19 SEPTEMBER NEW ZEALAND GAZETTE 3155

WAIPA POWER LIMITED - OTHER BUSINESS

STATEMENT OF FINANCIAL POSITION

AS AT 31 MARCH 1997

	Note	1997 $	1996 $
EQUITY
Authorised and paid up capital	4	2,000,000	2,000,000
Reserves	5	1,000,000	2,802,477
Retained earnings	6	-	333,895
TOTAL EQUITY		3,000,000	5,136,372

Represented By:

| CURRENT ASSETS | | | |
| Cash and Bank | | 147,384 | 1,098,705 |
| Short term investments | | 600,000 | 2,800,000 |
| Receivables and prepayments | 7 | 1,625,246 | 1,887,002 |
| Tax refund due | | 9,359 | - |
| Inventories | 8 | 387,646 | 386,686 |
| | | 2,769,635 | 6,172,393 |

| CURRENT LIABILITIES | | | |
| Accounts payable and accruals - trade | 9 | 1,420,984 | 1,811,857 |
| Provision for dividend | | 823,859 | 388,108 |
| Taxation payable | | - | 25,560 |
| | | 2,244,843 | 2,225,525 |

| WORKING CAPITAL | | 524,792 | 3,946,868 |

| NON - CURRENT ASSETS | | | |
| Fixed assets | 10 | 2,475,208 | 1,189,504 |
| Future taxation benefit | 3 | - | - |
| NET ASSETS | | 3,000,000 | 5,136,372 |

For and on behalf of the Board

Signature

D M Reed Director G M Kibby Director

The accompanying notes form part of and are to be read in conjunction with these financial statements.
The financial statements have been prepared for the purpose of complying with the requirements of the Electricity (Information Disclosure) Regulations 1994 and are not intended for any other purpose.

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VUW Te Waharoa — NZ Gazette 1997, No 134

NZLII — NZ Gazette 1997, No 134

The Executive Wing of Parliament (depicted) is universally known as The Beehive. It was completed in 1977 and remains the primary office for the elected Government of the day.

✨ LLM interpretation of page content

🏭 Certification of Waipa Power Limited Financial Statements (continued from previous page)

Domain🏭 Trade, Customs & Industry
Dated23 August 1995
KeywordsFinancial Statements, Certification, Electricity, Waipa Power Limited, Audit
👩‍💼 Officials

D M Reed, Director
G M Kibby, Director

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