✨ 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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✨ LLM interpretation of page content

🏭 Statement of Financial Position for Waipa Power Limited (continued from previous page)

🏭 Trade, Customs & Industry
Financial 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