✨ 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

Signature
Sir Colin Maiden
Chairman

Signature
David Sadler
Deputy Chairman

15 November 2002



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Online Sources for this page:

VUW Te Waharoa PDF NZ Gazette 2002, No 173


Gazette.govt.nz PDF NZ Gazette 2002, No 173





✨ LLM interpretation of page content

🏭 Transpower New Zealand Limited Financial Position Statements (continued from previous page)

🏭 Trade, Customs & Industry
15 November 2002
Financial Statements, Assets, Liabilities, Equity, Transpower
  • Sir Colin Maiden, Chairman
  • David Sadler, Deputy Chairman