β¨ Financial Statements
17 DECEMBER NEW ZEALAND GAZETTE 4639
NELSON ELECTRICITY LIMITED
Statement of Financial Position as at 31 March 1999
| 1999 | 1998 | ||
|---|---|---|---|
| Line | Business | Line | |
| $000 | $000 | $000 |
EQUITY
Share Capital 5 3,702 5,000
Retained Earnings 830 1,163
4,532 6,163
Represented by
CURRENT ASSETS
Bank and Cash 2,001 2,439
Accounts Receivable 780 597
Tax Refund Due 476
3,257 3,036
CURRENT LIABILITIES
Creditors 129 132
129 132
Working Capital 3,128 2,904
NON CURRENT ASSETS
Fixed Assets 6 3,543 5,140
3,543 5,140
NON CURRENT LIABILITIES
Deferred Taxation 4 344 87
Term Loans 7 1,795 1,794
2,139 1,881
NET ASSETS
4,532 6,163
The Accompanying Notes form an Integral part of These Financial Statements
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VUW Te Waharoa —
NZ Gazette 1999, No 194
NZLII —
NZ Gazette 1999, No 194
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Nelson Electricity Limited Financial Performance
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π Trade, Customs & IndustryFinancial Statements, Income, Expenditure, Surplus, Equity, Nelson Electricity Limited