New Zealand Gazette – 1999 – No. 17

Page 384

✨ Financial Statement

NEW ZEALAND GAZETTE

No. 17

NELSON ELECTRICITY LIMITED

Statement of Financial Position as at 31 March 1998

Notes	1998 Line Business $000	1998 Other Business $000	1997 Line Business $000	1997 Other Business $000	1996 Line Business $000	1996 Other Business $000	1995 $000

EQUITY

Share capital
| | 5,000 | 0 | 5,000 | 0 | 5,000 | 0 | 5,000 |

Retained earnings
| | 1,163 | 232 | 1,252 | 121 | 1,235 | 12 | 655 |
| | 6,163 | 232 | 6,252 | 121 | 6,235 | 12 | 5,655|

Represented By

CURRENT ASSETS

Bank and cash
| (7) | 597 | 0 | 626 | 81 | 593 | 0 | 567 |

Accounts receivable
| | 0 | 82 | 0 | 0 | 71 | 9 | 411 |

Intercompany debtors
| | 2,446 | 204 | 2,001 | 94 | 1,336 | 9 | 425 |
| | 3,036 | 286 | 2,693 | 175 | 2,200 | 18 | 1,520|

CURRENT LIABILITIES

Creditors
| | 132 | 0 | 122 | 0 | 102 | 0 | 253 |

Provision for taxation
| | 0 | 54 | 0 | 54 | 0 | 6 | 62 |
| | 132 | 54 | 122 | 54 | 102 | 6 | 315 |

WORKING CAPITAL

| | 2,904 | 232 | 2,571 | 121 | 2,098 | 12 | 1,205|

NON CURRENT ASSETS

Fixed assets
| 1 | 5,140 | 0 | 5,556 | 0 | 5,964 | 0 | 6,291 |
| | 5,140 | 0 | 5,556 | 0 | 5,964 | 0 | 6,291|

NON CURRENT LIABILITIES

Deferred taxation
| 3 | 87 | 0 | 83 | 0 | 37 | 0 | 53 |

Term Loan
| | 1,794 | 0 | 1,792 | 0 | 1,790 | 0 | 1,788 |
| | 1,881 | 0 | 1,875 | 0 | 1,827 | 0 | 1,841|

NET ASSETS

| | 6,163 | 232 | 6,252 | 121 | 6,235 | 12 | 5,655|

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VUW Te Waharoa — NZ Gazette 1999, No 17

NZLII — NZ Gazette 1999, No 17

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 Position Statement for Nelson Electricity Limited (continued from previous page)

Domain🏭 Trade, Customs & Industry
KeywordsFinancial Position, Assets, Liabilities, Equity, Nelson Electricity Limited

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