β¨ Financial Statements
9 AUGUST
NEW ZEALAND GAZETTE
2175
WAIPA POWER LIMITED - LINE BUSINESS
STATEMENT OF FINANCIAL POSITION
AS AT 31 MARCH 1999
| Note | 1999 $ | 1998 $ |
|---|---|---|
| EQUITY | ||
| Share capital | 4 | 8,000,000 |
| Reserves | 5 | 34,418,144 |
| Retained earnings | 6 | 3,524,566 |
| TOTAL EQUITY | 45,942,710 |
Represented By:
CURRENT ASSETS
Cash and Bank
16,362
28,216
Short term investments
1,350,000
1,035,000
Receivables and prepayments
7
1,377,374
870,426
Properties held for resale
14,005
Tax refund due
223,263
52,793
Inventories
229,883
245,416
3,196,882
2,245,856
CURRENT LIABILITIES
Creditors
8
551,686
2,064,271
Provision for dividend
1,466,498
590,764
2,018,184
2,655,035
NET CURRENT ASSETS
1,178,698
(409,179)
NON - CURRENT ASSETS
Fixed assets
9
44,764,012
45,392,372
NET ASSETS
45,942,710
44,983,193
For and on behalf of the Board
D M Reed Director
R K Kadziolka Director
The accompanying notes form part of these financial statements.
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VUW Te Waharoa —
NZ Gazette 1999, No 92
NZLII —
NZ Gazette 1999, No 92
β¨ LLM interpretation of page content
π
Statement of Financial Position for Waipa Power Limited
(continued from previous page)
π Trade, Customs & IndustryFinancial Position, Equity, Assets, Liabilities, Waipa Power Limited, Share Capital, Reserves, Retained Earnings
- D M Reed, Director signing financial statement
- R K Kadziolka, Director signing financial statement