New Zealand Gazette – 2001 – No. 106

Page 2720

✨ Electricity Financial Statements

2720

NEW ZEALAND GAZETTE

No. 106

DISCLOSURE OF INFORMATION
Disclosure of information to be disclosed in the Financial Statements under regulation 6 of the Electricity (Information Disclosure) Regulations 1999, Schedule 1 Part 2 as amended by the Electricity (Information Disclosure) Amendment Regulations 2000.

	31 March 2001 $000	31 March 2000 $000
Current Assets
(a) Cash and bank balances	70	859
(b) Short-term investments	-	-
(c) Inventories	171	187
(d) Accounts receivable	376	420
(e) Other current assets not listed in (a) to (d)	61	82
Total Current Assets	678	1,548
Fixed Assets
(a) System fixed assets	176,870	41,527
(b) Consumer billing and information system assets	6	8
(c) Motor vehicles	27	27
(d) Office equipment	255	222
(e) Land and buildings	1,882	1,740
(f) Capital works under construction	5,786	3,806
(g) Other fixed assets not listed in (a) to (g)	222	134
Total Fixed Assets	185,048	47,464
Other tangible assets not listed above	-	-
Total Tangible Assets	185,726	49,012
Intangible Assets
(a) Goodwill	-	-
(b) Other intangibles not listed in (a) above	-	-
Total Intangible Assets	-	-
TOTAL ASSETS	185,726	49,012
Current Liabilities
(a) Bank overdraft	-	-
(b) Short-term borrowings	-	-
(c) Payables and accruals	3,693	3,726
(d) Provision for dividends payable	-	118
(e) Provision for income tax	513	412
(f) Other current liabilities not listed in (a) to (e) above	-	-
Total Current Liabilities	4,206	4,256
Non-Current Liabilities
(a) Payables and accruals	-	-
(b) Borrowings	3,427	4,416
(c) Deferred tax	12,670	474
(d) Other non-current liabilities not listed in (a)-(c) above	-	-
Total Non-Current Liabilities	16,097	4,890
Equity
(a) Shareholders’ equity:
(i) Share capital	28,847	28,847
(ii) Retained earnings	15,156	11,019
(iii) Reserves	121,420	-
Total Shareholders’ equity	165,423	39,866
(b) Minority interests in subsidiaries	-	-
Total Equity	165,423	39,866
(c) Capital notes	-	-
Total Capital Funds	165,423	39,866
TOTAL EQUITY AND LIABILITIES	185,726	49,012