✨ Financial Statement




26 NOVEMBER NEW ZEALAND GAZETTE 4271

WESTPOWER LIMITED

STATEMENT OF FINANCIAL POSITION

AS AT 31 MARCH 1999

Note 1999 1998
$'000 $'000

1 CURRENT ASSETS:

(a) Bank & Cash | | 2,687 | -1,733 |
(b) Debtors | | 0 | 790 |
Trade Debtors | | 717 | 0 |
Other Debtors | | 287 | -67 |
(d) Prepayments | | 0 | 0 |
(e) Electricity hedges | | 0 | 0 |
(f) Other Current Assets | | 93 | 0 |

(g) TOTAL CURRENT ASSETS | | 3,784 | -1,010 |

2 FIXED ASSETS | 4 | 51,688 | 37,912 |

INVESTMENTS | | 414 | 94 |

3 TOTAL TANGIBLE ASSETS | | 55,886 | 36,996 |

INTANGIBLE ASSETS:

(a) Goodwill assets | | 0 | 0 |
(b) Other Intangibles | | 0 | 0 |

(c) TOTAL INTANGIBLES | | 0 | 0 |

4 TOTAL ASSETS | | 55,886 | 36,996 |

5 CURRENT LIABILITIES:

(a) Accounts Payable | | 3,163 | 977 |
(b) Accrued Payroll | | 0 | 0 |
(c) Other Accruals | | 260 | 143 |
(d) Dividend Provision | | 97 | 57 |
(e) Electricity hedges | | 0 | 0 |
(f) Other current liabilities | | 0 | 0 |

TOTAL CURRENT LIABILITIES | | 3,520 | 1,177 |

6 FUNDING

(a) Long-term debt | 5 | 12,752 | 4,265 |
(b) Equity | 6 | 39,548 | 31,412 |
(c) Other Funding | | 66 | 142 |

TOTAL FUNDING | | 52,366 | 35,819 |

7 TOTAL EQUITY AND LIABILITIES | | 55,886 | 36,996 |



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🏭 Westpower Limited Statement of Financial Position (continued from previous page)

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Financial Position, Assets, Liabilities, Westpower Limited