β¨ Financial Statements
5 AUGUST
NEW ZEALAND GAZETTE
WAIPA POWER LIMITED - OTHER BUSINESS
| 1998 | 1997 | |
|---|---|---|
| $ | $ |
5 RESERVES
Capitalisation of Assets Reserve
Balance at beginning of year
1,000,000
2,802,477
Distribution to Owners for Investing Activities
1,802,477
Balance at end of year
1,000,000
1,000,000
6 RETAINED EARNINGS
Balance at beginning of year
333,895
Net Surplus after Taxation
685,443
489,964
Dividend
685,443
823,859
Balance at end of year
7 RECEIVABLES
Trade debtors
1,412,815
1,643,764
Provision for Doubtful Debts
(39,594)
(39,594)
1,373,221
1,604,170
Accrued Income
176
734
Prepayments
20,988
20,342
1,394,385
1,625,246
8 INVENTORIES
Stock
245,415
241,485
Work in Progress
109,514
146,161
354,929
387,646
9 CREDITORS
Accounts payable and accruals - trade
1,582,619
1,314,003
Payroll Provisions (annual leave, holiday pay, etc)
128,080
106,981
1,710,699
1,420,984
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VUW Te Waharoa —
NZ Gazette 1998, No 106
NZLII —
NZ Gazette 1998, No 106
β¨ LLM interpretation of page content
π
Notes to Financial Statements of Waipa Power Limited
(continued from previous page)
π Trade, Customs & IndustryFinancial Statements, Reserves, Retained Earnings, Receivables, Inventories, Creditors, Waipa Power Limited