New Zealand Gazette – 2002 – No. 108

Page 2916

✨ Financial Statements



2916 NEW ZEALAND GAZETTE No. 108

7 CURRENT ASSETS

2002 2001
a) Cash and bank balances 0 1,621,798
b) Short term investments 0 0
c) Inventories 2,608,552 1,744,461
d) Accounts receivable 2,467,019* 1,833,601
e) Other current assets not listed in (a to d) 0 0
f) Total Current Assets 5,075,571 5,199,860
  • Included in the trade debtors total is an amount of $50,000 being the residual debt owing for 50,000 shares in RDR Management Limited to be transferred to the Ashburton District Council

8 CURRENT LIABILITIES

2002 2001
a) Bank overdraft 2,298,227 0
b) Short term borrowings 0 0
c) Payables and accruals 1,823,567 4,766,568
d) Provision for dividend payable 0 0
e) Provision for income tax 40,411 211,179
f) Other current liabilities not listed in (a to e) 0 0
g) Total Current Liabilities 4,162,205 4,977,747

NON CURRENT LIABILITIES

2002 2001
a) Payroll and accruals 0 0
b) Borrowings 12,000,000 0
c) Deferred tax 7,318,380 6,336,320
d) Other non current liabilities not listed in (a to c) 0 0
e) Total Non Current Liabilities 19,318,380 6,336,320

9 FIXED ASSETS

2002 2001
a) System fixed assets 81,842,328 66,798,447
b) Centralised load control equipment 143,341 132,033
c) Consumer billing and information system assets 271,621 337,488
d) Motor Vehicles 106,190 108,503
e) Office Equipment 217,285 213,022
f) Land & Buildings 2,682,943 2,368,425
g) Capital works under construction:
i) Subtransmission assets (transfer payment) 0 0
ii) Zone substations (transfer payments) 0 50,637
iii) Distribution lines and cables (transfer payments) 681,440 3,296,791
iv) Medium voltage switchgear (transfer payments) 0 0
v) Distribution transformers 14,193 11,478
vi) Distribution substations (transfer payments) 0 5,403
vii) Low voltage lines and cables (transfer payments) 0 0
viii) Other system fixed assets (transfer payments) as categorised in standard asset tables in the ODV Handbook 0 0
h) Other fixed assets not listed in (a to g) 0 0
i) Total Fixed Assets 85,939,341 73,322,225
j) Other tangible assets not listed above 300,000 300,000


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Online Sources for this page:

VUW Te Waharoa — PDF NZ Gazette 2002, No 108


Gazette.govt.nz — PDF NZ Gazette 2002, No 108




✨ LLM interpretation of page content

🏭 Electricity Ashburton Limited - Lines Business Notes to the Financial Statements (continued from previous page)

🏭 Trade, Customs & Industry
Financial Statements, Taxation, Equity, Deferred Shares, Ashburton