✨ Financial Statements Notes




10 SEPTEMBER NEW ZEALAND GAZETTE 2789

TOP ENERGY LIMITED

NOTES TO THE FINANCIAL STATEMENTS

NOTES TO THE SPECIAL PURPOSE FINANCIAL STATEMENTS

FOR THE 12 MONTHS ENDED 31 MARCH 1999

LINE BUSINESS

11 CASH AND BANK BALANCES

CURRENT ASSETS

Comprise
Cash on hand | 300 | 336 |
BNZ current account | 282,819 | - |
| 283,119 | 336 |

CURRENT LIABILITIES

BNZ current account | (46,833) | (87,811) |

Net cash & Bank position | 236,286 | (87,475) |

12 INTERBUSINESS CURRENT ACCOUNT

Represents notional net funds advanced from the Lines business to 'Other businesses'. These amounts would be repaid if the Other business were sold, or forgiven if the Other business were transferred to a Mirror trust.

                  | 11,980,843 | 15,731,051 |

13 ACCOUNTS RECEIVABLE

Comprise:

Trade debtors | 1,623,110 | 1,215,570 |
Accruals and prepayments| 118,214 | 756,867 |
| 1,741,324 | 1,972,437 |



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✨ LLM interpretation of page content

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

🏭 Trade, Customs & Industry
Financial Statements, Cash and Bank Balances, Interbusiness Current Account, Accounts Receivable