✨ Financial Statements




20 AUGUST
NEW ZEALAND GAZETTE
2815

NELSON ELECTRICITY LIMITED

Statement of Financial Position as at 31 March 2003

EQUITY 2003 2002
Share Capital 5 1
Revaluation Reserves 7 11,219
Pre Acquisition Reserves 1,291
Retained Earnings 6 2,092
14,603

Represented by

CURRENT ASSETS

| Bank and Cash | 1,134 | 774 |
| Accounts Receivable | 716 | 542 |
| Tax Refund Due | 138 | 66 |
| Inventories | 101 | 102 |
| | 2,089 | 1,484 |

CURRENT LIABILITIES

| Creditors and Accruals | 564 | 389 |
| | 564 | 389 |

Working Capital 1,525 1,095

NON CURRENT ASSETS

| Fixed Assets | 8 | 14,378| 14,489|
| | | 14,378| 14,489|

NON CURRENT LIABILITIES

| Deferred Taxation | 4 | 300 | 158 |
| Term Loans | 9 | 1,000 | 1,000 |
| | | 1,300 | 1,158 |

NET ASSETS 14,603 14,426

The Accompanying Notes form an Integral part of These Financial Statements



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Online Sources for this page:

VUW Te Waharoa PDF NZ Gazette 2003, No 107


Gazette.govt.nz PDF NZ Gazette 2003, No 107





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