New Zealand Gazette – 2001 – No. 104

Page 2651

✨ Financial Statements



28 AUGUST NEW ZEALAND GAZETTE 2651

2.2 STATEMENT OF FINANCIAL POSITION

As at 31 March 2001

| | Notes | 2001
($000) | 2000
($000) |
|-----------------------|-------|-----------|-----------|
| CURRENT ASSETS | | | |
| Cash and bank balances | | – | – |
| Short-term investments | | – | – |
| Inventories | | 653 | 637 |
| Accounts receivable | | 37,711 | 40,531 |
| Other current assets not listed above | | 6,240 | 6,182 |
| Total current assets | | 44,604 | 47,350 |

| FIXED ASSETS | | | |
| System fixed assets | | 1,037,001| 1,005,300|
| Consumer billing and information system assets | | 11,041 | 2,444 |
| Motor vehicles | | 88 | 503 |
| Office equipment | | 6,980 | 9,187 |
| Land and buildings | | 7,870 | 6,261 |
| Capital works under construction | | 28,260 | 30,244 |
| Other fixed assets not listed above | | 10 | 302 | 5,118 |
| Total fixed assets | | 1,091,542| 1,059,057|

| OTHER TANGIBLE ASSETS not listed above | | 11 | 20,622 | 10,061 |
| TOTAL TANGIBLE ASSETS | | 1,156,768| 1,116,468|

| INTANGIBLE ASSETS | | | |
| Goodwill | | 12 | 1,556 | 1,643 |
| Other intangibles not listed above | | 13 | 505,846 | 518,784 |
| Total intangible assets | | 507,402 | 520,427 |

| TOTAL ASSETS | | 1,664,170| 1,636,895|

| CURRENT LIABILITIES | | | |
| Bank overdraft | | 735 | 3,098 |
| Short-term borrowings | | 14 | – | 6,600 |
| Payables and accruals | | 9 | 49,966 | 41,936 |
| Provision for dividends payable | | 15 | 24,228 | 17,027 |
| Provision for income tax | | – | – |
| Other current liabilities not listed above | | | |
| Total current liabilities | | 74,929 | 68,661 |

| NON-CURRENT LIABILITIES | | | |
| Payables and accruals | | – | – |
| Borrowings | | 14 | 839,299 | 873,000 |
| Deferred tax | | 5 | 45,570 | 28,225 |
| Other non-current liabilities not listed above | | 21 | 112,819 | 114,478 |
| Total non-current liabilities | | 997,688 | 1,015,703|

| EQUITY | | | |
| Shareholders' equity | | | |
| Share capital | | 6 | 116,459 | 116,459 |
| Retained earnings | | 8 | 90,583 | 45,233 |
| Reserves | | 7 | 384,511 | 390,839 |
| Total shareholders' equity | | 591,553 | 552,531 |
| Minority interests in subsidiaries | | – | – |
| Total equity | | 591,553 | 552,531 |
| Capital notes | | – | – |
| Total capital funds | | 591,553 | 552,531 |

| Total equity and liabilities | | 1,664,170| 1,636,895|

The accompanying notes and accounting policies form part of and are to be read in conjunction with this statement.



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Online Sources for this page:

VUW Te Waharoa — PDF NZ Gazette 2001, No 104


Gazette.govt.nz — PDF NZ Gazette 2001, No 104




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🏭 Financial Position Statement for UnitedNetworks Limited (continued from previous page)

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Financial Statements, Assets, Liabilities, Equity, UnitedNetworks Limited