New Zealand Gazette – 2002 – No. 51

Page 1394

✨ Financial Statement

1394 NEW ZEALAND GAZETTE No. 51

2.2 STATEMENT OF FINANCIAL POSITION

As at 31 December 2001

	Notes	2001 ($'000)	2000 ($'000)
EQUITY
Share capital	5	-	-
Reserves	6	(3,175)	(232)
Total equity		(3,175)	(232)

CURRENT ASSETS

| | | | |
| Cash and bank balances | | 1,158 | 612 |
| Accounts receivable | 7 | 4,286 | 275 |
| Total current assets | | 5,444 | 887 |

CURRENT LIABILITIES

| | | | |
| Accounts payable | 8 | 14,718 | 9,665 |
| Provision for dividend | 13 | - | - |
| Total current liabilities | | 14,718 | 9,665 |

NON-CURRENT ASSETS

| | | | |
| Term prepayments | | 5,488 | - |
| Advance – employee share ownership plans | 9 | 711 | - |
| Fixed assets | | 263,633 | 265,004 |
| Intangible assets | 10,11 | 274,133 | 280,848 |
| Future income tax asset | 4 | 1,660 | 114 |
| Total non-current assets | | 545,625 | 545,966 |

NON-CURRENT LIABILITIES

| | | | |
| Borrowings | 12 | 539,526 | 537,420 |
| Total non-current liabilities | | 539,526 | 537,420 |

| Net assets | | (3,175) | (232) |

The accompanying notes and accounting policies form part of and are to be read in conjunction with this statement.

VUW Te Waharoa — NZ Gazette 2002, No 51

Gazette.govt.nz — NZ Gazette 2002, No 51

The Executive Wing of Parliament (depicted) is universally known as The Beehive. It was completed in 1977 and remains the primary office for the elected Government of the day.

✨ LLM interpretation of page content

🏭 Certification of Financial Statements and Performance Measures (continued from previous page)

Domain🏭 Trade, Customs & Industry
Dated16 May 2002
KeywordsFinancial Statements, Performance Measures, Certification, Gas Information Disclosure, UnitedNetworks Limited

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