✨ Financial Statements




21 AUGUST NEW ZEALAND GAZETTE 2417

HORIZON ENERGY DISTRIBUTION LIMITED

Financial Statements for the purposes of the Electricity (Information Disclosure) Regulations 1999 and the Electricity (Information Disclosure) Amendment Regulations 2000

STATEMENT OF FINANCIAL POSITION

As at 31 March 2000

NOTE Lines Business 2000 $000 Lines Business 1999 $000

Current Assets

Short Term Deposits | 300 | 39,396 |
Advance to "Other" | 2,516 | - |
Accounts Receivable | 8 | 2,974 | 2,960 |
Fixed Assets Sold after Balance Date | - | 738 |
Inventory | 307 | 440 |
Total Current Assets | 6,097 | 43,534 |

Non Current Assets

Fixed Assets | 9 | 66,249 | 66,195 |
Total Non Current Assets | 66,249 | 66,195 |

Total Tangible Assets / Total Assets | 72,346 | 109,729 |

Current Liabilities

Bank Overdraft | 13 | - | (1,267) |
Accounts Payable and Accruals | 10 | 2,021 | 1,579 |
Taxation Payable | 4 | 441 | (430) |
Current Portion of Term Loan | 11 | - | 11,500 |
Provision for Final Dividend | 12 | 1,749 | 978 |
Total Current Liabilities | 4,224 | 12,360 |

Funding
Shareholders' Equity / Capital Funds

Share Capital | 6 | 7,810 | 12,892 |
Reserves | 7 | 47,536 | 47,148 |
Retained Earnings | 5 | (27,937) | 4,825 |
Total Shareholders' Equity / Total Capital Funds | 27,409 | 64,865 |

Non Current Liabilities

Term Loans | 11 | 39,500 | 31,500 |
Deferred Taxation | 4 | 1,213 | 1,004 |
Total Non Current Liabilities | 40,713 | 32,504 |

Total Equity and Liabilities | 72,346 | 109,729 |

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Online Sources for this page:

VUW Te Waharoa PDF NZ Gazette 2000, No 97


Gazette.govt.nz PDF NZ Gazette 2000, No 97





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🏭 Financial Statements for Horizon Energy Distribution Limited (continued from previous page)

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