✨ 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 PDF NZ Gazette 2000, No 94


Gazette.govt.nz PDF NZ Gazette 2000, No 94





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