β¨ Financial Statements
NEW ZEALAND GAZETTE
No. 94
POWERCO LIMITED
STATEMENT OF FINANCIAL POSITION
AS AT 31 MARCH 2000
| Notes | 31 March 2000 Electricity Line $000 | 31 March 1999 Electricity Line $000 | |
|---|---|---|---|
| EQUITY | |||
| Share capital | 2 | 65,315 | 80,778 |
| Asset Revaluation Reserves | 3 | 81,777 | 75,296 |
| Retained earnings | 2,472 | 3,636 | |
| 149,564 | 159,710 |
| NON CURRENT LIABILITIES | | | |
| Term advances facility | 4 | | 7,458 |
| Commercial Paper | 5 | 108,389 | 28,760 |
| Current account | | 65,718 | 77,587 |
| Deferred taxation | | 15,386 | 14,618 |
| | | 189,493 | 128,423 |
| CURRENT LIABILITIES | | | |
| Overdraft | | | 9,842 |
| Accounts payable & accruals| | 6,224 | 7,292 |
| Provision for dividend | | 11,021 | 13,200 |
| Provision for employee entitlements| | 1,597 | 2,570 |
| | | 18,843 | 32,905 |
| TOTAL EQUITY AND LIABILITIES | | $357,900 | $321,038 |
| NON CURRENT ASSETS | | | |
| Fixed assets | 6 | 306,093 | 300,260 |
| | | 306,093 | 300,260 |
| CURRENT ASSETS | | | |
| Cash | | 4,573 | |
| Receivables | | 10,212 | 18,142 |
| Tax receivable | | 2,303 | 1,505 |
| Short term investments | | 33,826 | |
| Inventories | | 893 | 1,131 |
| | | 51,807 | 20,778 |
| TOTAL ASSETS | | $357,900 | $321,038 |
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Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 2000, No 94
Gazette.govt.nz —
NZ Gazette 2000, No 94
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Financial Statements, Performance Measures, Electricity Regulations, Powerco Limited