✨ Financial Statements




NEW ZEALAND GAZETTE

No. 146

TRUSTPOWER LIMITED AND SUBSIDIARIES

STATEMENTS OF FINANCIAL POSITION

AS AT 31 MARCH 1998

NOTE LINE BUSINESS $'000 ENERGY BUSINESS $'000 GENERATION BUSINESS $'000
Shareholders equity
Share capital 6 50,117 3,222 42,327
Reserves 7 87,477 - 15,175
Retained earnings 7 7,102 (1,126) 26,191
Total shareholders equity 144,696 2,096 83,693

| Convertible notes | 8 | 42,069 | 656 | 29,736 |

| Total corporate ownership | | 186,765 | 2,752 | 113,429 |

Represented by:

| | | | | |
| Current assets | 9 | 13,049 | 9,016 | 581 |
| Non current assets | | | | |
| Investments | 10 | 516 | 94 | 10 |
| Fixed assets | 11 | 229,797 | 2,330 | 146,121 |
| Goodwill | | 8,151 | 977 | 7,172 |
| Total assets | | 251,513 | 12,417 | 153,884 |

| Current liabilities | 12 | 15,590 | 9,598 | 3,590 |
| Non current liabilities | 13 | 49,158 | 67 | 36,865 |
| Total liabilities | | 64,748 | 9,665 | 40,455 |

| Net assets | | 186,765 | 2,752 | 113,429 |



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10 August 1998
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