✨ Financial Statements
2802
NEW ZEALAND GAZETTE
No. 106
| 2003 | 2002 | |
|---|---|---|
| $ | $ |
7 CURRENT ASSETS
a) Cash and bank balances | 0 | 0
b) Short term investments | 0 | 0
c) Inventories | 2,230,324 | 2,608,552
d) Accounts receivable | 2,279,082 | 2,467,019
e) Other current assets not listed in (a to d) | 0 | 0
f) Total Current Assets | 4,509,406 | 5,075,571
8 CURRENT LIABILITIES
a) Bank overdraft | 2,769,858 | 2,298,227
b) Short term borrowings | 0 | 0
c) Payables and accruals | 1,816,572 | 1,823,567
d) Provision for dividend payable | 0 | 0
e) Provision for income tax | 0 | 40,411
f) Other current liabilities not listed in (a to e) | 0 | 0
g) Total Current Liabilities | 4,586,430 | 4,162,205
NON CURRENT LIABILITIES
a) Payroll and accruals | 0 | 0
b) Borrowings | 17,750,000 | 12,000,000
c) Deferred tax | 8,691,551 | 7,318,380
d) Other non current liabilities not listed in (a to c) | 0 | 0
e) Total Non Current Liabilities | 26,441,551 | 19,318,380
9 FIXED ASSETS
a) System fixed assets | 88,932,726 | 81,842,328
b) Centralised load control equipment | 276,323 | 143,341
c) Consumer billing and information system assets | 241,187 | 271,621
d) Motor Vehicles | 121,589 | 106,190
e) Office Equipment | 339,185 | 217,285
f) Land & Buildings | 2,696,765 | 2,662,943
g) Capital works under construction:
i) Subtransmission assets (transfer payment) | 0 | 0
ii) Zone substations (transfer payments) | 1,164,704 | 0
iii) Distribution lines and cables (transfer payments) | 367,917 | 681,440
iv) Medium voltage switchgear (transfer payments) | 0 | 0
v) Distribution transformers | 0 | 14,193
vi) Distribution substations (transfer payments) | 140,277 | 0
vii) Low voltage lines and cables (transfer payments) | 128,465 | 0
viii) Other system fixed assets (transfer payments) as categorised in standard asset tables in the ODV Handbook | 0 | 0
h) Other fixed assets not listed in (a to g) | 0 | 0
i) Total Fixed Assets | 94,409,138 | 85,939,341
j) Other tangible assets not listed above. | 300,000 | 300,000
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Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 2003, No 106
Gazette.govt.nz —
NZ Gazette 2003, No 106
✨ LLM interpretation of page content
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Certification of Financial Statements for Electricity Ashburton Limited
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🌾 Primary Industries & Resources30 July 2003
Financial statements, Certification, Electricity Ashburton Limited, Audited, Compliance