New Zealand Gazette – 1999 – No. 147

Page 3512

✨ Financial Statements

3512 NEW ZEALAND GAZETTE No. 147

VECTOR Limited (Formerly Mercury Energy Limited)

Electricity Lines Business

Statement of financial position as at 31 March 1999

	Notes	1999	1998
		$000	$000
Equity
Capital		146,525	(113,219)
Reserves	9	417,559	419,979
Retained earnings	10	23,262	(7,115)
		587,346	299,645
Non current liabilities
Term Liabilities	11	175,810	387,000
		175,810	387,000
Current liabilities
Accounts payable and accruals	12	47,215	144,058
Current portion of non current liabilities	11	53	-
		47,268	144,058
		810,424	830,703
Non current assets
Fixed assets	13	783,386	756,546
		783,386	756,546
Current assets
Cash		2,816	390
Receivables and prepayments	15	485	25,689
Stores		1,380	5,239
Provision for tax		5,654	(268)
Advances to subsidiaries		-	10,257
		10,335	41,307
Total tangible assets		793,721	797,853
Deferred tax	14	16,703	32,850
		810,424	830,703

The accompanying notes form part of these financial statements.

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VUW Te Waharoa — NZ Gazette 1999, No 147

NZLII — NZ Gazette 1999, No 147

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

🏭 Financial Performance of Vector Limited for the year ended 31 March 1999 (continued from previous page)

Domain🏭 Trade, Customs & Industry
KeywordsFinancial Performance, Revenue, Surplus, Deficit, Tax, Electricity Lines Business

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