✨ Financial Statements




21 AUGUST NEW ZEALAND GAZETTE 2977

NELSON ELECTRICITY LIMITED

Statement of Financial Position as at 31 March 2002

2002 2001
Line $ 000 Line $ 000

EQUITY

| | | |
| Share Capital | 5 1 | 1 |
| Revaluation Reserves | 7 11219 | 1291 |
| Pre Acquisition Reserves | 1291 | 1291 |
| Retained Earnings | 6 1915 | 2031 |
| | 14426| 3323|

Represented by

CURRENT ASSETS

| | | |
| Bank and Cash | 774 | 66 |
| Accounts Receivable | 542 | 660 |
| Tax Refund Due | 68 | 44 |
| Inventories | 102 | 81 |
| | 1486| 871|

CURRENT LIABILITIES

| | | |
| Creditors and accruals | 389 | 545 |
| | 389 | 545 |

| Working Capital | 1,095 | 326 |

NON CURRENT ASSETS

| | | |
| Lease buy-out | 8 - | 611 |
| Fixed Assets | 14489 | 3443 |
| | 14489| 4054|

NON CURRENT LIABILITIES

| | | |
| Deferred Taxation | 4 158 | 57 |
| Term Loans | 9 1000 | 1000 |
| | 1158| 1057|

NET ASSETS

| | 14425| 3323|

The Accompanying Notes form an Integral part of These Financial Statements



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Online Sources for this page:

VUW Te Waharoa PDF NZ Gazette 2002, No 112


Gazette.govt.nz PDF NZ Gazette 2002, No 112





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🏭 Statement of Financial Position for Nelson Electricity Limited (continued from previous page)

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Financial Position, Equity, Assets, Liabilities, Nelson Electricity Limited