β¨ Financial Statement
CENTRALINES LIMITED - LINES BUSINESS
STATEMENT OF FINANCIAL POSITION
AS AT 31 MARCH
| | Notes | 2003
| | | $'000 |
| | | ----- |
| | | 2002
| | | $'000 |
EQUITY
- 8,000,000 Ordinary shares of $1 fully paid | | 8,000 | 8,000 |
- Retained earnings | 3 | 2,714 | 1,398 |
- Reserves | 3 | 18,069 | 18,069 |
Shareholders' Equity | | 28,783 | 27,467 |
REPRESENTED BY:
CURRENT ASSETS
- Bank balances & short term investments | | 1,024 | 114 |
- Short term investments | 6 | 299 | 2,850 |
- Receivables and prepayments | 4 | 1,458 | 737 |
- Inventories | 5 | 376 | 450 |
Total Current Assets | | 3,157 | 4,151 |
NON CURRENT ASSETS
- Investments | 6 | 936 | 0 |
- Capital works in progress | | 22 | 44 |
- Property, plant and equipment | 7 | 25,669 | 25,062|
Total Non-Current Assets | | 26,627 | 25,106|
TOTAL ASSETS | | 29,784 | 29,257|
CURRENT LIABILITIES
- Accounts payable | 8 | 225 | 1,519 |
- Hire Purchase | | 9 | 0 |
- Proposed dividend | | 0 | 60 |
- Employee entitlements | 9 | 21 | 12 |
- Tax provision | 2 | 726 | 179 |
Total Current Liabilities | | 981 | 1,790|
NON CURRENT LIABILITIES
- Hire Purchase | | 20 | 0 |
- Employee entitlements | 9 | 0 | 0 |
Total Non - Current Liabilities | | 20 | 0 |
TOTAL LIABILITIES | | 1,001 | 1,790|
NET ASSETS | | 28,783 | 27,467|
For and on behalf of the Board
![Signature]
DIRECTOR
CHIEF EXECUTIVE OFFICER
August 27, 2003
The accompanying notes and policies form an integral part of these financial statements
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Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 2003, No 125
Gazette.govt.nz —
NZ Gazette 2003, No 125
β¨ LLM interpretation of page content
π
Centralines Limited Financial Performance Statement
(continued from previous page)
π Trade, Customs & Industry27 August 2003
Financial Performance, Revenue, Expense, Surplus, Income Tax, Centralines Limited
- DIRECTOR
- CHIEF EXECUTIVE OFFICER