✨ Financial Statements
NEW ZEALAND GAZETTE
No. 127
WESTPOWER LIMITED - LINES BUSINESS
STATEMENT OF FINANCIAL POSITION
AS AT 31 MARCH 2003
| Note | 2003 $'000 | 2002 $'000 |
|---|
EQUITY
Share Capital | 30,300 | 30,300 |
Reserves | 18,790 | 19,657 |
Retained Earnings | 5,503 | 388 |
TOTAL EQUITY | 7 | 54,593 | 50,345 |
Represented By:
CURRENT ASSETS
Cash and Bank | 353 | 1,207 |
Short Term Investments | - | - |
Sundry Debtors | 4 | 2,085 | 1,510 |
Tax refund due | 10 | 473 |
Other Current Assets | - | 2,448 | 3,190 |
NON CURRENT ASSETS
Fixed Assets | 5 | 55,820 | 52,179 |
Investments | 1,183 | 1,352 |
| | 57,003 | 53,531 |
TOTAL ASSETS | 59,451 | 56,721 |
CURRENT LIABILITIES
Sundry Creditors | 1,168 | 1,861 |
Accrued Interest | 38 | 113 |
Provision for dividend | - | -
| | 1,206 | 1,974 |
NON CURRENT LIABILITIES
Employee Entitlements | - | -
Long - term Debt | 6 | 3,652 | 4,402 |
| | 3,652 | 4,402 |
TOTAL LIABILITIES | 4,858 | 6,376 |
NET ASSETS | 54,593 | 50,345 |
Authorised for issue on 29 August 2003 for and on behalf of the Directors.
M J Newcombe
CHAIRMAN
S P Merriman
Director
The accompanying notes form part of these financial statements
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Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 2003, No 127
Gazette.govt.nz —
NZ Gazette 2003, No 127
✨ LLM interpretation of page content
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Westpower Limited Financial Position Statement
(continued from previous page)
🏭 Trade, Customs & Industry29 August 2003
Financial Statements, Equity, Assets, Liabilities, Share Capital, Reserves, Retained Earnings, Fixed Assets, Current Liabilities, Non Current Liabilities
- M J Newcombe, Chairman
- S P Merriman, Director