✨ Financial Statements




2710 NEW ZEALAND GAZETTE No. 110

CENTRALPOWER GROUP

Line Business and Electricity Retailing

Statement of Financial Position (cont.)

As at 31 March 1998

Note Line Business $000 Electricity Retailing $000
Current Liabilities
Bank overdraft - 618
Unsecured loans 6 - 300
Payables and accruals 548 10,393
Provision for dividends 5,922 133
6,470 11,444

| Non-Current Liabilities | | | |
| Unsecured term loans | 6 | 3,150 | 350 |
| | | 3,150 | 350 |

| Equity | | | |
| Share capital | | 29,758 | 3,306 |
| Asset revaluation reserve| | 69,458 | - |
| Retained surplus | | 12,407 | (636) |
| | | 111,623 | 2,670 |
| Convertible notes | | 28,124 | 3,123 |
| Total Liabilities And Equity | | 149,367 | 17,587 |

The accompanying notes form part of these financial statements



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