✨ Financial Statements
28 SEPTEMBER NEW ZEALAND GAZETTE 3877
Horowhenua Energy Limited Line and Energy Businesses - Annual Report 1998
Statement of financial position
| Note | Line | Energy | |||
|---|---|---|---|---|---|
| 1998 | 1997 | 1998 | 1997 | ||
| $000 | $000 | $000 | $000 | ||
| Shareholders’ funds | 61,415 | 59,567 | 67 | 205 |
Current liabilities
| Accounts payable and accruals | 3 | 5,826 | 7,184 | 1,326 | 1,332 |
| Other provisions | | 200 | 378 | - | - |
| | | 6,026 | 7,562 | 1,326 | 1,332 |
| Total liabilities and shareholders’ funds | | $67,441 | $67,129 | $1,393 | $1,537 |
Fixed assets
| | 4 | 62,477 | 60,633 | 99 | 126 |
Current assets
| Cash | | 2,934 | 4,703 | - | - |
| Receivables and Accruals| 5 | 2,030 | 1,793 | 1,294 | 1,411 |
| | | 4,964 | 6,496 | 1,294 | 1,411 |
| Total assets | | $67,441 | $67,129 | $1,393 | $1,537 |
For and on behalf of the Board
W R Thessman
Chairman
P A T Hamid
Director
29 May 1998
The accompanying notes form part of these financial statements.
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VUW Te Waharoa —
NZ Gazette 1998, No 161
NZLII —
NZ Gazette 1998, No 161
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Horowhenua Energy Limited Line and Energy Businesses - Annual Report 1998
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🏭 Trade, Customs & Industry29 May 1998
Financial Performance, Annual Report, Horowhenua Energy Limited, Line Business, Energy Business, Financial Statements, Balance Sheet
- W R Thessman, Chairman
- P A T Hamid, Director