Financial Statements




NEW ZEALAND GAZETTE

No. 108

THE POWER COMPANY LIMITED

LINE BUSINESS

STATEMENT OF FINANCIAL POSITION

As at 31 March 2000

Notes 2000 1999
Current Assets
Cash at Bank 858,691 -
Receivables 3 419,806 2,744,958
Prepayments 62,093 46,474
Inventories 187,182 294,369
Work in Progress 20,158 209,682
Provision for Tax - 365,881
Total Current Assets 1,547,930 3,661,364

| Non Current Assets | | | |
| Capital Work in Progress | | 3,806,160 | 6,728,713 |
| Fixed Assets | 4 | 43,657,833 | 39,223,259 |
| Total Non Current Assets | | 47,463,993 | 45,951,972 |

| TOTAL ASSETS | | 49,011,923 | 49,613,336 |

| Current Liabilities | | | |
| Bank Overdraft | | - | 1,578,827 |
| Accounts Payable and Accruals | 5 | 3,725,327 | 2,462,619 |
| Provision for Tax | | 412,343 | - |
| Provision for Dividend | | 118,226 | 75,116 |
| Total Current Liabilities | | 4,255,896 | 4,116,562 |

| Non Current Liabilities | | | |
| Term Liabilities | | 4,415,858 | 7,252,890 |
| Provision for Deferred Tax| | 474,543 | 720,920 |
| Total Non Current Liabilities | | 4,890,401 | 7,973,810 |

| TOTAL LIABILITIES | | 9,146,297 | 12,090,372 |

| Owners Equity | | | |
| Capital Reserve | | 28,846,599 | 28,846,599 |
| Retained Earnings | | 11,019,027 | 8,676,365 |
| Total Owners’ Equity | | 39,865,626 | 37,522,964 |

| TOTAL LIABILITIES AND EQUITY | | 49,011,923 | 49,613,336 |



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Online Sources for this page:

VUW Te Waharoa PDF NZ Gazette 2000, No 108


Gazette.govt.nz PDF NZ Gazette 2000, No 108





✨ LLM interpretation of page content

🏭 Financial Performance Statement for The Power Company Limited (continued from previous page)

🏭 Trade, Customs & Industry
Financial Performance, Revenue, Costs, Profit, Taxation