β¨ Financial Statements
TRANSPOWER NEW ZEALAND LIMITED LINES BUSINESS
STATEMENTS OF FINANCIAL POSITION
AS AT 30 JUNE 2002
| Notes | LINES BUSINESS 2002 $000 | LINES BUSINESS 2001 $000 | |
|---|---|---|---|
| ASSETS EMPLOYED | |||
| Current assets | 7 | 83,853 | 142,898 |
| Fixed assets | 8 | 2,135,845 | 2,089,099 |
| Total Assets Employed | 2,219,698 | 2,231,997 |
| FUNDS EMPLOYED | | | |
| Liabilities | | | |
| Current liabilities | 9 | 441,084 | 455,282 |
| Long term lease liabilities | 10 | - | - |
| Long term debt | 11 | 805,836 | 865,037 |
| Total Liabilities | | 1,246,920 | 1,320,319 |
| Equity | | | |
| Capital | 12 | 1,200,000 | 1,200,000 |
| Reserves | 13 | - | - |
| Accumulated deficit | | (227,222) | (288,322) |
| Total Equity | 14 | 972,778 | 911,678 |
| Total Funds Employed | | 2,219,698 | 2,231,997 |
These statements are to be read in conjunction with the accompanying notes.
The Board of Directors of Transpower New Zealand Limited authorised these financial statements for issue on 15 November 2002.
For, and on behalf of, the Board
Sir Colin Maiden
Chairman
David Sadler
Deputy Chairman
15 November 2002
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Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 2002, No 173
Gazette.govt.nz —
NZ Gazette 2002, No 173
β¨ LLM interpretation of page content
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Transpower New Zealand Limited Financial Position Statements
(continued from previous page)
π Trade, Customs & Industry15 November 2002
Financial Statements, Assets, Liabilities, Equity, Transpower
- Sir Colin Maiden, Chairman
- David Sadler, Deputy Chairman