✨ Financial Statements Disclosure
18. 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.
| 2002 | 2001 | |
|---|---|---|
| $000 | $000 |
Current Assets
(a) Cash and bank balances | 65 | 72 |
(b) Short-term investments | 4,990 | 5,209 |
(c) Inventories | - | 4 |
(d) Accounts receivable | 1,286 | 1,405 |
(e) Other current assets not listed in (a) to (d) | 583 | - |
Total Current Assets | 6,924 | 6,690 |
Fixed Assets **
(a) System fixed assets | 14,503 | 12,402 |
(b) Consumer billing and information system assets | - | - |
(c) Motor vehicles | - | - |
(d) Office equipment | 12 | 17 |
(e) Land and buildings | - | 893 |
(f) Capital works under construction | 531 | 1,000 |
(g) Other fixed assets not listed in (a) to (f) | 3 | 3 |
Total Fixed Assets | 15,049 | 14,315 |
Other tangible assets not listed above | 171 | 208 |
Total Tangible Assets | 15,220 | 21,213 |
Intangible Assets
(a) Goodwill | - | - |
(b) Other intangibles not listed in (a) above | - | - |
Total Intangible Assets | - | - |
TOTAL ASSETS | 22,144 | 21,213 |
Current Liabilities
(a) Bank overdraft | - | - |
(b) Short-term borrowings | - | - |
(c) Payables and accruals | 1,555 | 1,560 |
(d) Provision for dividends payable | - | 1,730 |
(e) Provision for income tax | - | 162 |
(f) Other current liabilities not listed in (a) to (e) above | 250 | - |
Total Current Liabilities | 1,805 | 3,452 |
Non-Current Liabilities
(a) Payables and accruals | - | - |
(b) Borrowings | - | - |
(c) Deferred tax | - | - |
(d) Other non-current liabilities not listed in (a)-(c) above | - | - |
Total Non-Current Liabilities | - | - |
Equity
(a) Shareholders' equity:
(i) Share capital | 7,201 | 7,206 |
(ii) Retained earnings | 13,138| 10,555|
(iii) Reserves | - | - |
Total Shareholders' equity | 20,339 | 17,761 |
(b) Minority interests in subsidiaries | - | - |
Total Equity | 20,339 | 17,761 |
(c) Capital notes | - | - |
Total Capital Funds | 20,339 | 17,761 |
TOTAL EQUITY AND LIABILITIES | 22,144 | 21,213 |
** The network assets were sold on 13 June 2002, refer Note 17, and should be recorded as a current asset, however to comply with the format of the template they have continued to be shown as a non-current asset.
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Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 2002, No 101
Gazette.govt.nz —
NZ Gazette 2002, No 101
✨ LLM interpretation of page content
💰 Disclosure of Information in Financial Statements
💰 Finance & RevenueFinancial Statements, Assets, Liabilities, Equity, Electricity Information Disclosure Regulations