β¨ Financial Statements
WAIPA NETWORKS LIMITED - LINES BUSINESS
STATEMENT OF FINANCIAL POSITION
AS AT 31 MARCH 2003
| Note | 2003 $ |
|---|---|
| 2002 $ |
EQUITY
Share capital
4 | - | -
Reserves
5 | 34,862,235 | 34,862,235
Retained earnings
6 | 5,998,458 | 5,359,933
TOTAL EQUITY | 40,860,693 | 40,222,168
Represented By:
CURRENT ASSETS
Cash and Bank | 682,009 | 2,146,057
Receivables and prepayments
7 | 1,276,021 | 1,205,791
Tax refund due | 1,981 | 125,459
Inventories | 388,028 | 305,809
| | 2,348,039 | 3,783,116
CURRENT LIABILITIES
Creditors
8 | 652,392 | 2,189,208
| | 652,392 | 2,189,208
NET CURRENT ASSETS | 1,695,647 | 1,593,908
NON - CURRENT ASSETS
Fixed assets
9 | 47,185,404 | 46,647,035
NON - CURRENT LIABILITIES
Employee entitlements | 20,358 | 18,775
Term Liabilities
10 | 8,000,000 | 8,000,000
NET ASSETS | 40,860,693 | 40,222,168
For and on behalf of the Board
D M Reed Director
24 June 2003
R Z Kadziolka Director
24 June 2003
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 79
Gazette.govt.nz —
NZ Gazette 2003, No 79
β¨ LLM interpretation of page content
ποΈ Statement of Financial Position for Waipa Networks Limited
ποΈ Infrastructure & Public Works24 June 2003
Financial Position, Equity, Assets, Liabilities, Waipa Networks Limited
- D M Reed, Director
- R Z Kadziolka, Director