New Zealand Gazette – 1998 – No. 167

Page 3985

✨ Financial Statements

5 OCTOBER NEW ZEALAND GAZETTE 3985

TRANSALTA NEW ZEALAND LIMITED

Statement of Financial Position

As at 31 March 1998

	Notes	Distribution		Retail
		31-Mar-98	31-Mar-97	31-Mar-98	31-Mar-97
		$000	$000	$000	$000

Equity

Share capital | 5 | 17,199 | 16,554 | 631 | 43 |
Retained earnings | | 1,589 | 988 | (117) | 399 |
Shareholders’ funds | | 18,788 | 17,542 | 514 | 442 |
Capital notes | 5 | 13,301 | 13,267 | 34 | - |
Total shareholders’ funds and capital notes | | 32,089 | 30,809 | 514 | 476 |

Non-current Liabilities

Bonds | 12 | 25,826 | 25,759 | - | 67 |

Current Liabilities | 7 | 2,727 | 3,784 | 1,478 | 2,353 |

Total Equity and Liabilities| | 60,642 | 60,352 | 1,992 | 2,896 |

Fixed and Long Term Assets

Network | 8 | 54,898 | 54,206 | - | - |
Other | | 727 | 641 | 510 | 240 |
| | 55,625 | 54,847 | 510 | 240 |

Deferred Taxation Asset | 4 | 106 | 151 | 64 | 61 |

Deferred Development Costs | | - | 57 | - | - |

Current Assets | 6 | 4,911 | 5,297 | 1,418 | 2,595 |

Total Assets | | 60,642 | 60,352 | 1,992 | 2,896 |

Signature

Derek Johnston Director
28 August 1998

Don Huse Director
28 August 1998

The attached notes form an integral part of, and should be read in conjunction with, these financial statements.

The information disclosed in the 1998 Information Disclosure package issued by TransAlta New Zealand Limited has been prepared solely for the purposes of the Gas (Information Disclosure) Regulations 1997.

The information should not be used for any other purpose than that intended under the regulations.

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VUW Te Waharoa — NZ Gazette 1998, No 167

NZLII — NZ Gazette 1998, No 167

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✨ LLM interpretation of page content

🏭 Financial Statements of TransAlta New Zealand Limited (continued from previous page)

Domain🏭 Trade, Customs & Industry
Dated28 August 1998
KeywordsFinancial Statements, Gas, Information Disclosure, TransAlta New Zealand Limited
👩‍💼 Officials

Derek Johnston, Director
Don Huse, Director

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