✨ Financial Statements
NEW ZEALAND GAZETTE
No. 120
MAINPOWER NEW ZEALAND LTD
Lines Business
Notes to and Forming Part of the Financial Statements
For The Year Ended 31 March 2003
| 2003 $'000 | 2002 $'000 | |
|---|---|---|
| 6. Receivables | ||
| Lines Receivables | 1,720 | 1,258 |
| Prepayments | - | - |
| Taxation | - | 176 |
| Other | 66 | 135 |
| 1,786 | 1,569 |
| 2003 $'000 | 2002 $'000 | |
|---|---|---|
| 7. Other Tangible Assets | - | - |
| 2003 $'000 | 2002 $'000 | |
|---|---|---|
| 8. Intangible Assets | ||
| Goodwill | - | - |
| Other Intangibles | - | - |
| Total Intangible Assets | - | - |
| 2003 $'000 | 2002 $'000 | |
|---|---|---|
| 9. Current Liabilities | ||
| Bank Overdraft | - | - |
| Short Term Borrowings | - | - |
| Payables and Accruals | 1,509 | 2,472 |
| Provision for Dividend | - | - |
| Provision for Tax | 250 | - |
| Other | - | - |
| Total Current Liabilities | 1,759 | 2,472 |
| 2003 $'000 | 2002 $'000 | |
|---|---|---|
| 10. Non Current Liabilities | ||
| Payables and Accruals | - | - |
| Borrowings | - | - |
| Deferred Tax | - | - |
| Other | 90 | 93 |
| Total Non Current Liabilities | 90 | 93 |
11. Transactions with Related Parties
(i) MainPower Trust
The major related party of MainPower is the MainPower Trust and during the current financial year there were no related party transactions and no related party debts written off or forgiven and no transaction took place at nil or nominal value.
(ii) MainPower Contracting, Limited
There were no related party debts written off or forgiven and no transaction took place at nil or nominal value.
The amount owing by MainPower New Zealand Limited to Mainpower Contracting Limited at balance date was $447,168 (2002 $446,902) while the amount owing by Mainpower Contracting Limited to Mainpower New Zealand Limited at balance date was $13,847 (2002 $23,594). Both amounts are payable on normal trading terms.
The following services were supplied by MainPower Contracting Limited to the Lines Business.
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Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 2003, No 120
Gazette.govt.nz —
NZ Gazette 2003, No 120
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MainPower New Zealand Ltd Financial Statements Notes
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🏭 Trade, Customs & IndustryFinancial Statements, Receivables, Tangible Assets, Intangible Assets, Current Liabilities, Non Current Liabilities, Related Party Transactions