✨ Financial Statements
NEW ZEALAND GAZETTE
No. 84
2042
THE POWER COMPANY LIMITED
LINE & OTHER BUSINESS
STATEMENT OF FINANCIAL POSITION
AS AT 31 MARCH 1997
| 1996 | 1997 | ||
|---|---|---|---|
| Line Business | Other Business | Line Business | |
| Current Assets | |||
| Cash at Bank | 204,028 | 829,157 | 151,007 |
| Receivables | 790,874 | 275,447 | 967,368 |
| Cash Investments | 83,357 | 2,456,643 | - |
| Inventories | 397,864 | 20,148 | 366,655 |
| Total Current Assets | 1,476,123 | 3,581,395 | 1,485,030 |
| Non Current Assets | | | | |
| Capital Work in Progress | 4,877,145 | 678,363 | 6,050,354 | 1,547,385 |
| PowerNet Limited | 149,437 | - | 205,554 | - |
| Fixed Assets | 29,950,015 | 1,263,954 | 34,401,899 | 2,370,300 |
| Total Non Current Assets | 34,976,597 | 1,942,317 | 40,657,807 | 3,917,685 |
| TOTAL ASSETS | $36,452,720 | $5,523,712 | $42,142,837 | $4,497,700 |
| Current Liabilities | | | | |
| Bank Overdraft | 551,191 | 27,913 | 194,248 | 13,789 |
| Accounts Payable and Accruals | 2,252,727 | 220,931 | 2,507,144 | 401,578 |
| Provision for Tax | (183,935) | 38,008 | 447,374 | (141,128) |
| Provision for Deferred Tax | 57,096 | 46,402 | (78,642) | (9,652) |
| Total Current Liabilities | 2,677,079 | 333,254 | 3,070,124 | 264,587 |
| Term Liabilities | 10,885,293 | 1,114,707 | 12,809,813 | 390,187 |
| TOTAL LIABILITIES | 13,562,372 | 1,447,961 | 15,879,937 | 654,774 |
| Owners Equity | | | | |
| Capital Reserve | 27,605,669 | 2,026,551 | 29,762,685 | - |
| Retained Earnings | (4,715,319) | 760,245 | (3,499,785) | 1,103,321 |
| Shareholder Loan | - | 1,288,955 | - | 2,869,891 |
| Total Owners' Equity | 22,890,348 | 4,075,751 | 26,262,900 | 3,842,926 |
| TOTAL LIABILITIES AND EQUITY | $36,452,720 | $5,523,712 | $42,142,837 | $4,497,700 |
Next Page →
NZ Gazette 1997, No 84
✨ LLM interpretation of page content
🏭
Electricity Information Disclosure by The Power Company Limited
(continued from previous page)
🏭 Trade, Customs & IndustryElectricity, Financial Performance, Line Business, Other Business