β¨ 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 —
NZ Gazette 2003, No 110
Gazette.govt.nz —
NZ Gazette 2003, No 110
β¨ LLM interpretation of page content
π°
Electra Limited Financial Statement
(continued from previous page)
π° Finance & Revenue25 July 2003
Share capital, Reserves, Asset revaluation, Electra Limited