β¨ Financial Statements
5 NOVEMBER NEW ZEALAND GAZETTE 3927
BULLER ELECTRICITY LIMITED β LINE BUSINESS
STATEMENT OF FINANCIAL POSITION AS AT MARCH 31 1999
| Line Business | |||
|---|---|---|---|
| 1999 | Note | 1998 | |
| $ | $ |
Shareholders Equity
| Share Capital | 4,964,358 | 3,573,579 | |
| Reserves | 9,338,799 | (8) | 306,867 |
| Retained Earnings | 998,323 | 736,585 |
| Total Equity | 15,301,480 | | 4,617,031|
Represented by:
Assets
Current Assets
| Cash and Bank | 1,467,166 | 54,381 | |
| Accounts Receivable and Prepayments | 432,488 | (4) | 218,646 |
| Tax Refund Due | 368,005 | 11,533 |
| | 2,267,659 | | 284,560 |
Non Current Assets
| Long Term Investments | 154,151 | (9) | 132,443 |
| Fixed Assets | 13,551,031 | 4,689,625 |
| | 13,705,182 | | 4,822,068|
| Total Assets | 15,972,841| | 5,106,628|
Liabilities
Current Liabilities
| Accounts Payable | 258,506 | (5) | 246,401 |
| Deferred Tax | 154,093 | 107,317 | |
| Provision for Dividend | 258,762 | 135,879 |
| Total Liabilities | 671,361 | | 489,597|
| Net Assets | 15,301,480| | 4,617,031|
For and on Behalf of the Board
Directors:
M Sawyers
F T Dooley
The accompanying notes form part of these financial statements
Next Page →
PDF embedding disabled (Crown copyright)
View this page online at:
VUW Te Waharoa —
NZ Gazette 1999, No 164
NZLII —
NZ Gazette 1999, No 164
β¨ LLM interpretation of page content
π
Buller Electricity Limited Financial Performance
(continued from previous page)
π Trade, Customs & IndustryElectricity, Financial Statements, Buller Electricity Limited
- M Sawyers, Director
- F T Dooley, Director