✨ Financial Statement
2378 NEW ZEALAND GAZETTE No. 95
POWERCO LIMITED
STATEMENT OF FINANCIAL POSITION
AS AT 31 MARCH 2000
| Notes | 31 March 2000 Gas $000 | 31 March 1999 Gas $000 |
|---|
EQUITY
Share capital | 2 | 13,923 | 17,219 |
Asset Revaluation Reserves | 3 | 14,513 | 10,318 |
Retained earnings | | 3,478 | 3,650 |
| | 31,914 | 31,187 |
NON CURRENT LIABILITIES
Term advances facility | 4 | 7,342 | 842 |
Current account | | — | — |
Deferred taxation | | 1,804 | 1,722 |
| | 9,146 | 2,564 |
CURRENT LIABILITIES
Overdraft | | — | 1,111 |
Accounts payable & accruals| | 545 | 703 |
Provision for dividend | | 1,623 | 76 |
Provision for employee entitlements | | 152 | 233 |
| | 2,320 | 2,123 |
TOTAL EQUITY AND LIABILITIES | | $43,380 | $35,874 |
NON CURRENT ASSETS
Fixed assets | 5 | 41,468 | 36,592 |
Current account | | — | (3,038) |
| | 41,468 | 33,554 |
CURRENT ASSETS
Cash | | 401 | — |
Receivables | | 1,257 | 2,048 |
Tax receivable | | 202 | 170 |
Inventories | | 52 | 102 |
| | 1,912 | 2,320 |
TOTAL ASSETS | | $43,380 | $35,874 |
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Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 2000, No 95
Gazette.govt.nz —
NZ Gazette 2000, No 95
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