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New Zealand Gazette – 1999 – No. 143

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✨ Financial Statements

3414 NEW ZEALAND GAZETTE No. 143

NETWORK TASMAN LIMITED

LINE BUSINESS FINANCIAL STATEMENTS

STATEMENT OF FINANCIAL POSITION

AS AT 31 MARCH 1999

| | Line Business |
|-----------------------------|----------------|----------------|
| | Note | 1999 | 1998 |
| | | $000 | $000 |

Assets Employed

CURRENT ASSETS
Bank and cash | | 604 | (70) |
Short term deposits | | 9,918 | 3,255 |
Accounts receivable | 9 | 1,251 | 3,066 |
TOTAL CURRENT ASSETS | | 11,773 | 6,251 |

NON-CURRENT ASSETS
Fixed assets | 11 | 74,397 | 81,960 |
Assets under construction | | 0 | 177 |
Deferred tax | 12 | 81 | 1,288 |
TOTAL NON-CURRENT ASSETS | | 74,478 | 83,425 |

TOTAL TANGIBLE ASSETS | | 86,251 | 89,676 |

INTANGIBLE ASSETS
Goodwill | | 0 | 0 |
TOTAL INTANGIBLE ASSETS | | 0 | 0 |

TOTAL ASSETS | | 86,251 | 89,676 |

Funds Employed

CURRENT LIABILITIES
Creditors and accruals | 10 | 2,262 | 7,654 |
Term loans - current portion | 13 | 0 | 52 |
TOTAL CURRENT LIABILITIES | | 2,262 | 7,706 |

NON-CURRENT LIABILITIES
Term liabilities | 13 | 0 | 0 |
Deferred income | | 0 | 0 |
TOTAL NON-CURRENT LIABILITIES | | 0 | 0 |

EQUITY
Share capital | 7 | 14,280 | 14,280 |
Reserves | 8 | 49,839 | 51,687 |
Retained earnings | | 19,870 | 16,003 |
TOTAL EQUITY | | 83,989 | 81,970 |

TOTAL EQUITY & LIABILITIES | | 86,251 | 89,676 |

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VUW Te Waharoa — NZ Gazette 1999, No 143

NZLII — NZ Gazette 1999, No 143

The Executive Wing of Parliament (depicted) is universally known as The Beehive. It was completed in 1977 and remains the primary office for the elected Government of the day.

✨ LLM interpretation of page content

🏭 Network Tasman Limited Line Business Financial Statements for 1999 (continued from previous page)

Domain🏭 Trade, Customs & Industry
KeywordsFinancial Performance, Revenue, Earnings, Taxation, Dividends, Network Tasman Limited

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