β¨ Financial Statement
BULLER ELECTRICITY LIMITED β LINE BUSINESS
STATEMENT OF FINANCIAL POSITION AS AT 31 MARCH 2001
| Note | 2001 | 2000 | |
|---|---|---|---|
| $ | $ |
Equity
Share Capital | 3 | 4,964,358 | 4,964,358 |
Reserves | 3 | 9,083,325 | 9,281,707 |
Retained Earnings | | 2,663,368 | 1,191,470 |
Total Equity | | 16,711,051 | 15,437,535 |
Represented by:
Current Assets
Cash at Bank and on Hand | | 20,657 | 20,750 |
Short Term Deposits | | 3,368,000 | 2,245,000 |
Receivables and Prepayments | | 488,378 | 419,036 |
Tax Refund Due | | 0 | 41,135 |
Other | | 4,707 | 2,086 |
| | 3,881,742 | 2,728,007 |
Current Liabilities
Creditors | | 249,185 | 406,701 |
Provision for Dividend | | 240,000 | 42,000 |
Taxation Payable | | 19,301 | 0 |
| | 508,486 | 448,701 |
Net Current Assets | | 3,373,256 | 2,279,306 |
Non Current Assets
Fixed Assets | 4 | 13,335,297 | 13,155,731 |
Long Term Investments | | 2,498 | 2,498 |
| | 13,337,795 | 13,158,229 |
Net Assets | | 16,711,051 | 15,437,535 |
For and on Behalf of the Board
W H M Sawyers
Chairman
C P White
Director
16th August 2001
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Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 2001, No 99
Gazette.govt.nz —
NZ Gazette 2001, No 99
β¨ LLM interpretation of page content
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Buller Electricity Limited - Statement of Financial Position
(continued from previous page)
π Trade, Customs & Industry16 August 2001
Financial Statement, Equity, Assets, Liabilities, Buller Electricity Limited
- W H M Sawyers, Chairman
- C P White, Director