✨ Financial Statements




8 SEPTEMBER NEW ZEALAND GAZETTE 3175

SCANPOWER LIMITED - LINES BUSINESS
STATEMENT OF FINANCIAL POSITION
AS AT 31 MARCH

Notes 2000 $ 1999 $
EQUITY
Share capital 7,500,000 7,500,000
Retained earnings 3 (2,795,042) 223,345
Reserves 3 28,181 662,670
Shareholders' Equity 4,733,139 8,386,015

REPRESENTED BY:

CURRENT ASSETS
| | | | |
| :--- | :---: | :---: | :---: |
| Cash and bank balances | | 3,908 | 20,466 |
| Investments | 6 | 109,868 | 1,283,365 |
| Receivables and prepayments | 4 | 476,936 | 358,032 |
| Inventories | 5 | 92,246 | 80,996 |
| Total Current Assets | | 682,958 | 1,742,859 |

NON CURRENT ASSETS
| | | | |
| :--- | :---: | :---: | :---: |
| Deferred taxation | 2 | 190,663 | 252,876 |
| Investments | 6 | 0 | 1,463,943 |
| Capital works in progress | | 68,037 | 0 |
| Fixed assets | 8 | 4,336,825 | 5,435,731 |
| Total Non-Current Assets | | 4,595,525 | 7,152,550 |
| TOTAL ASSETS | | 5,278,483 | 8,895,409 |

CURRENT LIABILITIES
| | | | |
| :--- | :---: | :---: | :---: |
| Accounts payable | 7 | 324,941 | 410,840 |
| Proposed dividend | | 45,000 | 20,000 |
| Employee entitlements | | 33,481 | 37,261 |
| Tax provision | | 114,010 | 13,793 |
| Total Current Liabilities | | 517,432 | 481,894 |

NON CURRENT LIABILITIES
| | | | |
| :--- | :---: | :---: | :---: |
| Employee entitlements | | 27,912 | 27,500 |
| Total Non-Current Liabilities | | 27,912 | 27,500 |
| TOTAL LIABILITIES | | 545,344 | 509,394 |
| NET ASSETS | | 4,733,139 | 8,386,015 |

For and on behalf of the Board

(Signature)
CHAIRMAN

(Signature)
GENERAL MANAGER

The accompanying notes and policies form an integral part of these statements



Next Page →



Online Sources for this page:

VUW Te Waharoa PDF NZ Gazette 2000, No 125


Gazette.govt.nz PDF NZ Gazette 2000, No 125





✨ LLM interpretation of page content

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

🏭 Trade, Customs & Industry
Financial Statements, Equity, Current Assets, Non-Current Assets, Current Liabilities, Non-Current Liabilities
  • CHAIRMAN
  • GENERAL MANAGER