✨ Financial Statements
HAWKE'S BAY NETWORK LIMITED - LINES BUSINESS
NOTES TO AND FORMING PART OF THE FINANCIAL STATEMENTS
For The Year Ended 31 March 2002
15 MANDATORY SPECIFIC DISCLOSURE
The following information is required to be disclosed in the financial statements under regulation 6 of the Electricity (Information Disclosure) Regulations 1999.
Statement of Financial Position Disclosure (Schedule 1, Part 2)
| 2002 | 2001 | |
|---|---|---|
| $000 | $000 | |
| Current assets | ||
| (a) Cash and bank balances: | 1,000 | 2,008 |
| (b) Short term investments: | 2,500 | 3,600 |
| Inventories: | 569 | 603 |
| (d) Accounts receivable: | 1,952 | 3,477 |
| (e) Other current assets not listed in (a) to (d): | 1,313 | 1,502 |
| (f) Total current assets listed in (a) to (d): | 7,334 | 11,130 |
| Fixed assets | | |
| (a) System fixed assets: | 118,963 | 116,348 |
| (b) Consumer billing and information system assets: | 0 | 0 |
| (c) Motor vehicles: | 877 | 806 |
| (d) Office equipment: | 277 | 3,174 |
| (e) Land and buildings: | 4,843 | 3,285 |
| (f) Capital works under construction: | 2,638 | 1,816 |
| (g) Other fixed assets not listed in (a) to (f): | 3,653 | 882 |
| (h) Total fixed assets listed in (a) to (f): | 131,271 | 126,311 |
| Other tangible assets not listed above | 0 | 0 |
| Total tangible assets | 138,605 | 137,581 |
| Intangible assets | | |
| (a) Goodwill: | 0 | 0 |
| (b) Other intangibles not listed in (a) above: | 0 | 0 |
| (c) Total intangible assets: | 0 | 0 |
| Total assets | 138,605 | 137,581 |
| Current liabilities | | |
| (a) Bank overdraft: | 0 | 0 |
| (b) Short-term borrowings: | 0 | 0 |
| (c) Payables and accruals: | 4,616 | 3,597 |
| (d) Provision for dividends payable: | 0 | 0 |
| (e) Provision for income tax: | 40 | 980 |
| (f) Other current liabilities not listed in (a) to (e) above: | 0 | 0 |
| (g) Total current liabilities listed in (a) to (e) above: | 4,656 | 4,557 |
| Non-current liabilities | | |
| (a) Payables and accruals: | 0 | 0 |
| (b) Borrowings: | 1,000 | 1,000 |
| (c) Deferred tax: | 0 | 0 |
| (d) Other non-current liabilities not listed in (a) to (c) above: | 438 | 540 |
| (e) Total non-current liabilities: | 1,438 | 1,540 |
| Equity | | |
| (a) Shareholders' equity: | | |
| Share capital: | 68,661 | 68,661 |
| Retained earnings: | 2,207 | 1,180 |
| Reserves: | 63,643 | 63,643 |
| Total Shareholders' equity: | 132,511 | 131,484 |
| (b) Minority interests in subsidiaries: | 0 | 0 |
| (c) Total equity: | 132,511 | 131,484 |
| (d) Capital notes: | 0 | 0 |
| (e) Total capital funds: | 132,511 | 131,484 |
| Total equity and liabilities | 138,605 | 137,581 |
Next Page →
Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 2002, No 123
Gazette.govt.nz —
NZ Gazette 2002, No 123
✨ LLM interpretation of page content
🏭
Hawke's Bay Network Limited Financial Statements
(continued from previous page)
🏭 Trade, Customs & IndustryElectricity, Financial Statements, Property, Plant, Equipment, Hawke's Bay Network Limited