β¨ 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 —
NZ Gazette 2000, No 97
Gazette.govt.nz —
NZ Gazette 2000, No 97
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Financial Statements for Horizon Energy Distribution Limited
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