✨ Financial Statements
TOP ENERGY LIMITED
SPECIAL PURPOSE FINANCIAL STATEMENTS
STATEMENT OF FINANCIAL POSITION
AS AT 31 MARCH 2003
| Notes | LINE BUSINESS | ||
|---|---|---|---|
| 2003 | 2002 | ||
| $ | $ | ||
| SHAREHOLDERS' FUNDS | 73,877,216 | 73,884,330 |
Represented by:
| | | | |
| TERM LIABILITIES | 8 | 7,285,714 | 6,010,345 |
| CURRENT LIABILITIES | | | |
| Creditors and accruals | 9 | 1,473,516 | 1,488,584 |
| Term Liabilities within 12 months | 8 | 1,714,286 | 2,289,655 |
| Taxation payable | | 1,472,000 | 1,563,885 |
| | | 4,659,802 | 5,342,124 |
| TOTAL EQUITY & LIABILITIES | | 85,822,732 | 85,236,799 |
| FIXED ASSETS | 10 | 78,754,773 | 75,967,327 |
| CURRENT ASSETS | | | |
| Cash and bank balances | 11 | 34,666 | 24,134 |
| Interbusiness current account | 12 | 4,485,222 | 7,109,949 |
| Accounts receivable | 13 | 2,548,071 | 2,135,389 |
| | | 7,067,959 | 9,269,472 |
| TOTAL ASSETS | | 85,822,732 | 85,236,799 |
This statement is to be read in conjunction with the accompanying notes, accounting policies and audit report. The Financial Statements have been prepared solely for the purpose of complying with regulations 6(2) and 6(3) of the Electricity (Information Disclosure) Regulations 1999 and are not intended for any other purpose.
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Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 2003, No 105
Gazette.govt.nz —
NZ Gazette 2003, No 105
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