✨ Financial Statements




25 SEPTEMBER NEW ZEALAND GAZETTE 3807

TOP ENERGY LIMITED

NOTES TO THE FINANCIAL STATEMENTS

NOTES TO THE SPECIAL PURPOSE FINANCIAL STATEMENTS

FOR THE 12 MONTHS ENDED 31 MARCH 1998

LINE BUSINESS ENERGY TRADING
1998 1997 1998 1997
$ $ $ $

6 SHARE CAPITAL

23,042,500 ordinary shares issued to the trustees of the Bay of Islands Electric Power Trust for a consideration of

Net assets vested in the Company 1 May 1993

            | 23,217,980      | 23,217,980     | 70,748         | 70,748         |

7 IMPUTATION CREDIT ACCOUNT

Opening balance
| 2,355,033 | 1,369,521 | 374,917 | 224,349 |

Plus income tax paid
| 688,261 | 985,512 | 28,441 | 101,473 |

Imputation credits attached to dividends received
| - | - | - | 49,095 |

Closing Balance | 3,043,294 | 2,355,033 | 403,358 | 374,917 |

8 INVESTMENTS

179,981 shares in PowerBuy Group Limited fully paid

            | -               | -              | -              | 180,395        |
            |                 |                |                | 180,395        |


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✨ LLM interpretation of page content

πŸ’° Notes to the Special Purpose Financial Statements for Top Energy Limited (continued from previous page)

πŸ’° Finance & Revenue
Financial Statements, Share Capital, Imputation Credit Account, Investments, Top Energy Limited