✨ Financial Statement
NEW ZEALAND GAZETTE
No. 115
THE POWER COMPANY LIMITED
LINE BUSINESS
STATEMENT OF FINANCIAL POSITION
As at 31 March 1999
| Notes | 1999 | 1998 | |
|---|---|---|---|
| Current Assets | |||
| Cash at Bank | - | 26,298 | |
| Receivables | 5 | 2,744,958 | 652,182 |
| Prepayments | 46,474 | 39,984 | |
| Inventories | 294,369 | 334,372 | |
| Work in Progress | 209,682 | 108,250 | |
| Total Current Assets | 3,295,483 | 1,161,086 |
| Non Current Assets | | | |
| Capital Work in Progress | 6 | 6,728,713 | 8,223,676 |
| Fixed Assets | 7 | 39,223,259 | 36,984,904 |
| Total Non Current Assets | | 45,951,972 | 45,208,580 |
| TOTAL ASSETS | | 49,247,455 | 46,369,666 |
| Current Liabilities | | | |
| Bank Overdraft | | 1,578,827 | 60,967 |
| Accounts Payable and Accruals| 8 | 2,462,619 | 2,546,548 |
| Provision for Dividend | | 75,116 | - |
| Provision for Tax | | (365,881) | 111,312 |
| Provision for Deferred Tax | | 720,920 | 476,721 |
| Total Current Liabilities| | 4,471,601 | 3,195,548 |
| Term Liabilities | | 7,252,890 | 14,501,385 |
| TOTAL LIABILITIES | | 11,724,491 | 17,696,933 |
| Owners Equity | | | |
| Capital Reserve | | 28,846,599 | 28,846,599 |
| Retained Earnings | | 8,676,365 | (173,866) |
| Total Owners’ Equity | | 37,522,964 | 28,672,733 |
| TOTAL LIABILITIES AND EQUITY | | 49,247,455 | 46,369,666 |
Next Page →
PDF embedding disabled (Crown copyright)
View this page online at:
VUW Te Waharoa —
NZ Gazette 1999, No 115
NZLII —
NZ Gazette 1999, No 115
✨ LLM interpretation of page content
💰
Financial Performance Statement for The Power Company Limited
(continued from previous page)
💰 Finance & RevenueFinancial Statement, Revenue, Expenses, Profit, Taxation