New Zealand Gazette – 2000 – No. 114

Page 2871

✨ Financial Statements

30 AUGUST NEW ZEALAND GAZETTE 2871

WESTPOWER LIMITED - LINES BUSINESS

Disclosure of Information to be Disclosed in Financial Statements under regulation 6 of the Electricity (Information Disclosure) Regulations 1999 Schedule 1 Part 2 as amended.

Statement of Financial Position Disclosure (Schedule 1, Part 2)

	2000 $ '000	1999 $ '000
1 Current Assets
(a) Cash and Bank Balances	245	2,687
(b) Short-term Investments	-	-
(c) Inventories	-	-
(d) Accounts receivable	1,141	1,004
(e) Other current assets not listed in (a) to (d)	189	93
(f) Total current assets	1,575	3,784
2 Fixed Assets
(a) System fixed assets	49,370	50,332
(b) Customer billing and information system assets	-	182
(c) Motor Vehicles	-	57
(d) Office Equipment	46	165
(e) Land & Buildings	480	952
(f) Capital works under construction	467	-
(g) Other fixed assets not listed in (a) to (f)	-	-
(h) Total fixed assets	50,363	51,688
3 Other tangible assets not listed above	307	414
4 Total tangible assets	52,245	55,886
5 Intangible assets
(a) Goodwill	-	-
(b) Other intangible not listed in (a)	-	-
(c) Total intangible assets	-	-
6 Total Assets	52,245	55,886
7 Current Liabilities
(a) Bank Overdraft	-	-
(b) Short-term borrowings	-	-
(c) Payables and accruals	1,913	3,423
(d) Provision for dividends payable	97	97
(e) Provision for income tax	-	-
(f) Other Current Liabilities not listed in (a) to (e)	-	-
(g) Total Current Liabilities	2,010	3,520
8 Non-current Liabilities
(a) Payables and accruals	-	-
(b) Borrowings	9,902	12,752
(c) Deferred tax	-	66
(d) Other Non-current Liabilities not listed in (a) to (c)	-	-
(e) Total Non-current Liabilities	9,902	12,818