✨ Financial Statements




5. Share capital

| | 2003
$000 | 2002
$000 |
|----------------|----------|----------|
| 24,464,922 ordinary shares issued and fully paid | $18,000 | $18,000 |

All ordinary shares rank equally with one vote attached to each fully paid share.

6. Reserves

| | 2003
$000 | 2002
$000 |
|----------------|----------|----------|
| Asset revaluation reserve | $38,460 | $37,724 |

Reconciliation of reserve movements

| Asset Revaluation Reserve | 2003
$000 | 2002
$000 |
|----------------------------|-----------|-----------|
| Opening balance | 37,724 | 38,330 |
| Revaluation of assets | 736 | (606) |
| Closing balance | $38,460 | $37,724 |



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Online Sources for this page:

VUW Te Waharoa PDF NZ Gazette 2003, No 110


Gazette.govt.nz PDF NZ Gazette 2003, No 110





✨ LLM interpretation of page content

πŸ’° Electra Limited Financial Statement (continued from previous page)

πŸ’° Finance & Revenue
25 July 2003
Share capital, Reserves, Asset revaluation, Electra Limited