✨ Financial Statements




KING COUNTRY ENERGY LIMITED AND SUBSIDIARY

NOTES TO THE ANNUAL FINANCIAL STATEMENTS PREPARED IN ACCORDANCE

WITH THE ELECTRICITY INFORMATION DISCLOSURE REGULATIONS 1994

FOR THE YEAR ENDED 31 MARCH 1998

Note Lines Business 1997/1998 Energy Business 1997/1998 Generation Business 1997/1998 Lines Business 1996/1997 Energy Business 1996/1997 Lines Business 1995/1996 Energy Business 1995/1996
  1. RECEIVABLES
    Trade and Sundry Debtors
    | | 586,789 | 668,310 | 707,097 | 696,283 | 793,563 | 640,969 | 789,876 |

  2. INVENTORY
    Inventory comprises:
    Stocks of Materials for Line Construction & Maintenance
    | | 529,572 | 5,178 | - | 593,643 | - | 461,359 | 17,217 |
    Finished goods and parts
    | | - | 5,178 | - | - | 9,155 | - | - |
    | | 529,572 | 5,178 | - | 593,643 | 9,155 | 461,359 | 17,217 |

  3. INVESTMENTS
    Staff Housing Loans
    | | 27,030 | 6,757 | - | 36,365 | - | 85,112 | - |

NEW ZEALAND GAZETTE

25 AUGUST

2967



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🏭 King Country Energy Limited Financial Performance (continued from previous page)

🏭 Trade, Customs & Industry
Dividend, Taxation, Balance, Financial Statements, Receivables, Inventory, Investments