✨ Financial Statements




17 AUGUST

NEW ZEALAND GAZETTE

2845

WAITOMO ENERGY SERVICES LIMITED

Line Business Activity

Statement of Financial Position

As At 31st March 1998

Note 1998 1997
$ 000's $ 000's

CORPORATE FUNDS

  • Share Capital | | 6,021 | 6,021 |
  • Retained Earnings | | 3,901 | 2,512 |
  • Revaluation Reserve | | 18,696 | 18,696 |
    | | 28,618| 27,229|

Fixed Assets

  •                | 4    | 32,203    | 31,324    |
  • Investments | | 0 | 0 |
    | | 32,203| 31,324|

Current Assets

  • Cash | | (176) | (292) |
  • Receivables and Prepayments | | 1,446 | 1,388 |
  • Inventory | | 427 | 462 |
  • Work in Progress | | 8 | 6 |
    | | 1,705 | 1,564 |

Total Assets Employed

                    |      | **33,908**| **32,888**|

Term Liabilities

  • Loans | 5 | 3,000 | 3,000 |
  • Deferred Tax | 6 | 357 | 411 |
    | | 3,357 | 3,411 |

Current Liabilities

  • Accounts Payable | | 472 | 413 |
  • General Provisions | | 285 | 347 |
  • Short Term Loan | | 0 | 500 |
  • Customer Discount Provision | | 1,176 | 988 |
    | | 1,933 | 2,248 |

Total Liabilities

                    |      | **5,290** | **5,659** |

Net Assets Employed

                    |      | **28,618**| **27,229**|


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