β¨ Financial Statement
NEW ZEALAND GAZETTE
No. 145
BULLER ELECTRICITY LIMITED
STATEMENT OF FINANCIAL POSITION AS AT MARCH 31 1998
| Line Business | Other Business | |||
|---|---|---|---|---|
| 1998 | 1997 | Note | 1998 | |
| $ | $ | $ |
Shareholders Equity
Share Capital | 3,573,579 | 3,573,579 | (7) | 2,676,421 | 2,676,421 |
Reserves | 306,867 | 306,867 | | 138,279 | 138,279 |
Retained Earnings | 736,585 | 492,798 | | 215,801 | 221,554 |
|-----------------------| | |-----------------------| |
| 4,617,031 | 4,373,244 | | 3,030,501 | 3,036,254 |
Assets
Current Assets
Cash | 54,381 | (86,926) | | 54,500 | 125,056 |
Accounts Receivable | 268,948 | 276,023 | (1) | 681,374 | 729,540 |
Inventories | - | 77,689 | (5) | 421,500 | 504,370 |
Short Term Deposits | - | - | | 752,557 | 560,250 |
|-----------------------| | |-----------------------| |
| 323,329 | 266,786 | | 1,909,931 | 1,919,216 |
Non Current Assets
Accounts Receivable | - | - | (1) | 50,588 | 61,536 |
Long Term Investments | 132,443 | 107,748 | | - | - |
Fixed Assets | 4,647,603 | 4,393,159 | (4) | 1,879,846 | 1,795,279 |
Investments in Associate Companies | - | - | | 530 | 746 |
Deferred Taxation | (107,317) | (60,166) | (3) | 25,053 | 22,457 |
|-----------------------| | |-----------------------| |
| 4,672,729 | 4,440,741 | | 1,956,017 | 1,880,018 |
Total Assets | 4,996,058 | 4,707,527 | | 3,865,948 | 3,799,234 |
Liabilities
Current Liabilities
Accounts Payable | 379,027 | 334,283 | (2) | 835,447 | 762,980 |
Non Current Liabilities
Loan Finance | - | - | | - | - |
Total Liabilities | 379,027 | 334,283 | | 835,447 | 762,980 |
Net Assets | 4,617,031 | 4,373,244 | | 3,030,501 | 3,036,254 |
For and on Behalf of the Board
Directors:
P Roselli
K Munro
Dated: 21 August 1998
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VUW Te Waharoa —
NZ Gazette 1998, No 145
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NZ Gazette 1998, No 145
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Buller Electricity Limited Financial Position Statement
(continued from previous page)
π Trade, Customs & Industry21 August 1998
Financial Position, Shareholders Equity, Assets, Liabilities, Buller Electricity Limited
- P Roselli
- K Munro