✨ Financial Statements
THE LINES COMPANY LIMITED - LINE BUSINESS ACTIVITY
Statement of Financial Position
For the Year Ended 31 March 2002
| Note | 2002
| | $000's | | 2001
| | $000's |
Equity
Share Capital | 6,021 | 6,021
Retained Earnings | 9,409 | 8,665
Revaluation Reserve | 26,935 | 32,668
Total Equity | 42,365 | 47,355
Fixed Assets
Fixed Assets | 5 | 70,548 | 73,819
Total Fixed Assets | | 70,548 | 73,819
Current Assets
Cash | | 571 | 1,631
Receivables & prepayments | | 2,374 | 3,300
Inventory | | 503 | 278
Total Current Assets | | 3,448 | 5,209
Total Tangible Assets | | 73,996 | 79,028
Intangible Assets
Goodwill | | - | -
Total Intangible Assets| | - | -
Total Assets | | 73,996 | 79,028
Non-current Liabilities
Loans | 6 | 21,763 | 22,763
Deferred Tax | 7 | 1,117 | 658
Total Non-current Liabilities | | 22,880 | 23,421
Current Liabilities
Accounts Payable | | 4,038 | 4,373
Provisions | | 254 | 72
Short Term Loan | 8 | 1,000 | 1,000
Customer Discount Provision | | 3,459 | 2,806
Total Current Liabilities | | 8,751 | 8,252
Total Liabilities | | 31,631 | 31,673
Net Assets Employed | | 42,365 | 47,355
![Signature]
Chairman
Date: 31 July 2002
![Signature]
Director
Date: 31 July 2002
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Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 2002, No 95
Gazette.govt.nz —
NZ Gazette 2002, No 95
✨ LLM interpretation of page content
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Certification of Financial Statements for The Lines Company Limited
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🏭 Trade, Customs & Industry31 July 2002
Financial Statements, Certification, Electricity, Performance Measures, The Lines Company Limited
- Chairman
- Director