✨ Financial Statements Notes




TOP ENERGY LIMITED

NOTES TO THE FINANCIAL STATEMENTS

NOTES TO THE SPECIAL PURPOSE FINANCIAL STATEMENTS

FOR THE 12 MONTHS ENDED 31 MARCH 2003

LINE BUSINESS $
2003

11 CASH AND BANK BALANCES

CURRENT ASSETS

Comprise

  • Cash on hand | 343 | 123 |
  • BNZ current account | 34,323 | 24,011|

Net cash & Bank position | 34,666 | 24,134 |

12 INTERBUSINESS CURRENT ACCOUNT

Represents notional net funds advanced from the Lines business to 'Other businesses',

  • Account receivable | 4,987,424 | 7,577,325|

  • Account payable for March 2003 month | (502,202) | (467,576)|

                        | **4,485,222** | **7,109,949** |

13 ACCOUNTS RECEIVABLE

Comprise:

  • Trade debtors | 2,422,516 | 2,027,723|

  • Accruals and prepayments | 125,555 | 107,666 |

                        | **2,548,071** | **2,135,389** |


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Online Sources for this page:

VUW Te Waharoa PDF NZ Gazette 2003, No 105


Gazette.govt.nz PDF NZ Gazette 2003, No 105





✨ LLM interpretation of page content

🏭 Top Energy Limited Financial Performance Statement (continued from previous page)

🏭 Trade, Customs & Industry
Financial Statements, Creditors, Accruals, Fixed Assets, Valuation