New Zealand Gazette – 2002 – No. 115

Page 3080

✨ Financial Statements



3080

NEW ZEALAND GAZETTE

No. 115

  1. NON-CURRENT LIABILITIES

Non-current liabilities are as follows:

2002 $000's 2001 $000's
Payables and accruals - -
Borrowings - -
Deferred tax 36,289 32,995
Other - -
36,289 32,995
  1. EQUITY

Equity comprises:

2002 $000's 2001 $000's
Share capital 120,000 120,000
Retained earnings 96,446 81,251
Reserves 202,094 202,094
Total shareholders’ equity 418,540 403,345
Minority interests - -
Total equity 418,540 403,345
Capital notes - -
Total capital funds 418,540 403,345

The 80 million ($1.50) ordinary shares were issued in April 1993 pursuant to the approved establishment plan and sale and purchase agreement. The shares are fully paid up.

  1. REVALUATION RESERVE
2002 $000's 2001 $000's
Opening balance 202,094 231,923
Recognition of deferred tax - (29,829)
202,094 202,094

The revaluation reserve is comprised as follows:

2002 $000's 2001 $000's
Land and buildings 3,233 3,233
Distribution system 198,861 198,861
202,094 202,094


Next Page →



Online Sources for this page:

VUW Te Waharoa — PDF NZ Gazette 2002, No 115


Gazette.govt.nz — PDF NZ Gazette 2002, No 115




✨ LLM interpretation of page content

💰 Non-Current Liabilities Summary (continued from previous page)

💰 Finance & Revenue
Financial Summary, Non-Current Liabilities, Deferred Tax

💰 Equity Summary

💰 Finance & Revenue
Equity, Share Capital, Retained Earnings, Reserves

💰 Revaluation Reserve Summary

💰 Finance & Revenue
Revaluation Reserve, Land and Buildings, Distribution System