β¨ 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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VUW Te Waharoa —
NZ Gazette 1998, No 116
NZLII —
NZ Gazette 1998, No 116
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Waitomo Energy Services Limited Financial Performance Statement
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