✨ 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 PDF NZ Gazette 2003, No 125


Gazette.govt.nz PDF NZ Gazette 2003, No 125





✨ LLM interpretation of page content

🏭 Centralines Limited Financial Performance Statement (continued from previous page)

🏭 Trade, Customs & Industry
27 August 2003
Financial Performance, Revenue, Expense, Surplus, Income Tax, Centralines Limited
  • DIRECTOR
  • CHIEF EXECUTIVE OFFICER