✨ Financial Statements
NEW ZEALAND GAZETTE
No. 138
STATEMENT OF FINANCIAL POSITION
AS AT 31 MARCH 1999
| NOTES | As at 31 March 1999 | As at 31 March 1998 | |
|---|---|---|---|
| $ | $ |
CURRENT ASSETS
Cash and Bank Balances | | 1,757,656 | 1,450,326 |
Accounts Receivable | 4 | 393,925 | 1,063,338 |
Inventories | 5 | 1,191,841 | 1,304,381 |
Provision for Tax and deferred tax | | 553,591 | — |
TOTAL CURRENT ASSETS | | 3,896,813 | 3,818,047 |
CURRENT LIABILITIES
Creditors and Accruals | 6 | 2,280,952 | 1,810,374 |
Provision for Tax | | — | (61,742) |
TOTAL CURRENT LIABILITIES | | 2,280,952 | 1,748,632 |
WORKING CAPITAL | | 1,615,861 | 2,069,415 |
NON CURRENT ASSETS
Fixed Assets | 8 | 16,559,017 | 18,041,871 |
Future Income Tax Benefits| | — | 64,499 |
TOTAL NON CURRENT ASSETS | | 16,559,017 | 18,106,370 |
NON CURRENT LIABILITIES
Inter-divisional Loans | 7 | 3,200,000 | 2,200,000 |
Term Debt | | — | 2,375,000 |
Employee Entitlements | 6 | 96,940 | 66,811 |
TOTAL NON CURRENT LIABILITIES | | 3,296,940 | 4,641,811 |
NET ASSETS | | 14,877,938 | 15,533,974 |
REPRESENTED BY SHAREHOLDERS EQUITY
Issued & Paid up Capital | 3 | 7,104,699 | 8,736,142 |
Retained Earnings | | 7,773,239 | 6,797,832 |
TOTAL SHAREHOLDERS EQUITY | | 14,877,938 | 15,533,974 |
The accompanying notes form an integral part of these financial statements.
Next Page →
PDF embedding disabled (Crown copyright)
View this page online at:
VUW Te Waharoa —
NZ Gazette 1999, No 138
NZLII —
NZ Gazette 1999, No 138
✨ LLM interpretation of page content
🏭
Marlborough Lines Limited Financial Statements
(continued from previous page)
🏭 Trade, Customs & IndustryElectricity, Financial Performance, Financial Position, Equity Movements, Marlborough Lines Limited