✨ Financial Position Statement
Statement of Financial Position Disclosure (Schedule 1, Part 2)
| para | 2003 $ | 2002 $ | |
|---|---|---|---|
| 1 | Current assets | ||
| (a) | Cash and bank balances: | 34,666 | 24,134 |
| (b) | Short-term investments: | ||
| (c) | Inventories: | ||
| (d) | Accounts receivable: | 2,548,071 | 2,135,389 |
| (e) | Other current assets not listed in (a) to (d): | 4,485,222 | 7,109,949 |
| (f) | Total current assets | 7,067,959 | 9,269,472 |
| 2 | Fixed assets | | |
| (a) | System fixed assets: | 77,546,307 | 75,107,433 |
| (b) | Consumer billing and information system assets: | 817,750 | 323,635 |
| (c) | Motor vehicles: | 166,534 | 21,501 |
| (d) | Office equipment: | 40,403 | 43,416 |
| (e) | Land and buildings: | | |
| (f) | Capital works under construction: | 183,779 | 471,342 |
| (g) | Other fixed assets not listed in (a) to (f): | | |
| (h) | Total fixed assets | 78,754,773 | 75,967,327 |
| 3 | Other tangible assets not listed above | 0 | 0 |
| 4 | Total tangible assets | 85,822,732 | 85,236,799 |
| 5 | Intangible assets | | |
| (a) | Goodwill: | 0 | 0 |
| (b) | Other intangibles not listed in (a) above: | 0 | 0 |
| (c) | Total intangible assets | 0 | 0 |
| 6 | Total assets | 85,822,732 | 85,236,799 |
| 7 | Current liabilities| | |
| (a) | Bank overdraft: | 0 | 0 |
| (b) | Short-term borrowings: | 1,714,286 | 2,289,655 |
| (c) | Payables and accruals: | 1,473,516 | 1,488,584 |
| (d) | Provision for dividends payable: | | |
| (e) | Provision for income tax: | 1,472,000 | 1,563,885 |
| (f) | Other current liabilities not listed in (a) to (e) above: | | |
| (g) | Total current liabilities | 4,659,802 | 5,342,124 |
| 8 | Non-current liabilities | | |
| (a) | Payables and accruals: | 0 | 0 |
| (b) | Borrowings: | 7,285,714 | 6,010,345 |
| (c) | Deferred tax: | | |
| (d) | Other non-current liabilities not listed in (a) to (c) above: | 0 | 0 |
| (e) | Total non-current liabilities | 7,285,714 | 6,010,345 |
| 9 | Equity | | |
| (a) | Shareholders' equity: | | |
| (i) | Share capital: | 23,217,980 | 23,217,980 |
| (ii) | Retained earnings: | 15,909,306 | 16,297,035 |
| (iii)| Reserves: | 34,749,930 | 34,369,315 |
| (iv) | Total Shareholders' equity | 73,877,216 | 73,884,330 |
| (b) | Minority interests in subsidiaries: | 0 | 0 |
| (c) | Total equity: | 73,877,216 | 73,884,330 |
| (d) | Capital notes: | | |
| (e) | Total capital funds: | 73,877,216 | 73,884,330 |
| 10 | Total equity and liabilities | 85,822,732 | 85,236,799 |
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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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