✨ Financial Statements
SCANPOWER LIMITED - LINES BUSINESS
STATEMENT OF FINANCIAL POSITION
AS AT 31 MARCH
| Notes | 2002 | |
|---|---|---|
| $'000 |
EQUITY
- 7,500,000 Ordinary shares of $1 fully paid | | 7,500 |
- Retained earnings | 3 | (2,521) |
- Reserves | 3 | 46 |
Shareholders' Equity | | 5,025 |
REPRESENTED BY:
CURRENT ASSETS
- Cash and bank balances | | 100 |
- Short term deposits | 6 | 884 |
- Receivables and prepayments | 4 | 422 |
- Inventories | 5 | 92 |
Total Current Assets | | 1,498 |
NON CURRENT ASSETS
- Deferred taxation | 2 | 59 |
- Capital works in progress | | 95 |
- Property, plant and equipment | 7 | 4,353 |
Total Non-Current Assets | | 4,507 |
TOTAL ASSETS | | 6,005 |
CURRENT LIABILITIES
- Accounts payable | 8 | 802 |
- Proposed dividend | | 0 |
- Employee entitlements | | 21 |
- Tax provision | | 109 |
Total Current Liabilities | | 932 |
NON CURRENT LIABILITIES
- Employee entitlements | | 48 |
Total Non-Current Liabilities | | 48 |
TOTAL LIABILITIES | | 980 |
NET ASSETS | | 5,025 |
| 2001 | ||
|---|---|---|
| $'000 |
- 7,500,000 Ordinary shares of $1 fully paid | | 7,500 |
- Retained earnings | 3 | (2,617) |
- Reserves | 3 | 28 |
Shareholders' Equity | | 4,911 |
CURRENT ASSETS
- Cash and bank balances | | 14 |
- Short term deposits | 6 | 595 |
- Receivables and prepayments | 4 | 248 |
- Inventories | 5 | 101 |
Total Current Assets | | 958 |
NON CURRENT ASSETS
- Deferred taxation | 2 | 148 |
- Capital works in progress | | 66 |
- Property, plant and equipment | 7 | 4,296 |
Total Non-Current Assets | | 4,510 |
TOTAL ASSETS | | 5,468 |
CURRENT LIABILITIES
- Accounts payable | 8 | 448 |
- Proposed dividend | | 40 |
- Employee entitlements | | 29 |
- Tax provision | | 12 |
Total Current Liabilities | | 529 |
NON CURRENT LIABILITIES
- Employee entitlements | | 28 |
Total Non-Current Liabilities | | 28 |
TOTAL LIABILITIES | | 557 |
NET ASSETS | | 4,911 |
For and on behalf of the Board
DIRECTOR
August 30, 2002
GENERAL MANAGER
The accompanying notes and policies form an integral part of these financial statements.
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Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 2002, No 133
Gazette.govt.nz —
NZ Gazette 2002, No 133
✨ LLM interpretation of page content
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Scanpower Limited Financial Performance Statement
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🏭 Trade, Customs & Industry30 August 2002
Financial Performance, Revenue, Expense, Surplus, Income Tax, Scanpower Limited, Financial Statements
- Director
- General Manager