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New Zealand Gazette – 1998 – No. 147

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✨ Financial Statements

16 SEPTEMBER NEW ZEALAND GAZETTE

TASMAN ENERGY LIMITED

LINE & OTHER BUSINESSES FINANCIAL STATEMENTS

STATEMENT OF FINANCIAL POSITION

AS AT 31 MARCH 1998

	Note	Line Business		Other Business
		1998	1997	1998	1997
		$'000	$'000	$'000	$'000
----------------	------	------------	------------	------------	------------
EQUITY
Share capital	6	14,280	11,590	1,081	2,980
Reserves	7	51,687	51,687	0	0
Retained earnings		16,003	13,651	2,164	1,009
TOTAL EQUITY		81,970	76,928	3,245	3,989

Represented By:

| CURRENT ASSETS | | | | | |
| Bank and cash | | (70) | (11) | (56) | 65 |
| Short term deposits | | 3,255 | 2,461 | 520 | 279 |
| Accounts receivable | 8 | 3,066 | 3,567 | 4,983 | 5,995 |
| Inventories | | 0 | 0 | 833 | 1,127 |
| | | 6,251 | 6,017 | 6,280 | 7,466 |

| CURRENT LIABILITIES | | | | | |
| Creditors and accruals | 9 | 7,654 | 8,934 | 4,423 | 4,908 |
| Term loans - current portion | 12 | 52 | 2,024 | 156 | 78 |
| | | 7,706 | 10,958 | 4,579 | 4,986 |

| WORKING CAPITAL | | (1,455) | (4,941) | 1,701 | 2,480 |

| NON-CURRENT ASSETS | | | | | |
| Fixed assets | 10 | 81,960 | 81,894 | 1,469 | 1,663 |
| Assets under construction| 10 | 177 | 27 | 0 | 0 |
| Investments | | 0 | 0 | 0 | 0 |
| Deferred tax | 11 | 1,288 | 0 | 87 | 0 |
| | | 83,425 | 81,921 | 1,556 | 1,663 |

| NON-CURRENT LIABILITIES | | | | | |
| Term liabilities | 12 | 0 | 52 | 0 | 78 |
| Deferred income | | 0 | 0 | 12 | 76 |
| | | 0 | 52 | 12 | 154 |

| NET ASSETS | | 81,970 | 76,928 | 3,245 | 3,989 |

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VUW Te Waharoa — NZ Gazette 1998, No 147

NZLII — NZ Gazette 1998, No 147

The Executive Wing of Parliament (depicted) is universally known as The Beehive. It was completed in 1977 and remains the primary office for the elected Government of the day.

✨ LLM interpretation of page content

🏭 Tasman Energy Limited Financial Statements (continued from previous page)

Domain🏭 Trade, Customs & Industry
Dated11 August 1998
KeywordsFinancial Statements, Revenue, Operating Surplus, Taxation, Retained Earnings, Dividends

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