New Zealand Gazette – 1998 – No. 193

Page 4528

✨ Financial Statement

4528 NEW ZEALAND GAZETTE No. 193

TRANSPOWER NEW ZEALAND LIMITED GROUP

CONSOLIDATED STATEMENT OF FINANCIAL POSITION

AS AT 30 JUNE 1998

	Notes	1998	1997
		$000	$000
Assets Employed
Current assets	8	101,003	102,830
Investments	9	4,015	4,681
Fixed assets	10	2,310,024	2,853,366
Total Assets Employed		2,415,042	2,960,877

| Funds Employed | | | |
| Liabilities | | | |
| Current liabilities | 11 | 417,887 | 284,437 |
| Lease liabilities | 12 | - | 284 |
| Long term debt | 13 | 1,090,086 | 1,331,180 |
| Total Liabilities | | 1,507,973| 1,615,617|

| Equity | | | |
| Capital | 14 | 1,200,000 | 1,200,000 |
| Reserves | 15 | 8 | 43,835 |
| Retained earnings | 16 | (292,939) | 101,425 |
| Total Equity | | 907,069 | 1,345,260|

| Total Funds Employed| | 2,415,042| 2,960,877|

These statements are to be read in conjunction with the accompanying notes.

For, and on behalf of, the Board

![Signature](David G Sadler)
David G Sadler
Director

![Signature](Alison M Paterson)
Alison M Paterson
Director

16th November 1998

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VUW Te Waharoa — NZ Gazette 1998, No 193

NZLII — NZ Gazette 1998, No 193

Parliament House (depicted) was completed in 1918 and remains the primary seat of Parliament.

✨ LLM interpretation of page content

🏭 Transpower New Zealand Limited Consolidated Statement of Financial Position (continued from previous page)

Domain🏭 Trade, Customs & Industry
Dated16 November 1998
KeywordsElectricity, Financial Performance, Assets, Liabilities, Equity, Revenue, Expenses, Surplus, Deficit
👩‍💼 Officials

David G Sadler, Director
Alison M Paterson, Director

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