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 PDF NZ Gazette 2000, No 95


Gazette.govt.nz PDF NZ Gazette 2000, No 95





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🏭 Powerco Limited Gas Information Disclosure (continued from previous page)

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2 August 2000
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