β¨ Financial Statement
HORIZON ENERGY DISTRIBUTION LIMITED - Lines Business
STATEMENT OF FINANCIAL POSITION
As at 31 March 2003
| NOTE | Lines Business 2003 $000 | Lines Business 2002 $000 |
|---|
Current Assets
Advance to "Other" business | 2,184 | 290 |
Accounts Receivable | 8 | 2,793 | 4,320 |
Inventory | - | 392 |
Total Current Assets | 4,977 | 5,002 |
Non Current Assets
Fixed Assets | 9 | 62,724 | 64,890 |
Total Non Current Assets | 62,724 | 64,890 |
Total Tangible Assets / Total Assets | 67,701 | 69,892 |
Current Liabilities
Cash and Bank Balances | 283 | 133 |
Accounts Payable and Accruals | 10 | 1,952 | 2,891 |
Taxation Payable | 4 | 2,629 | 2,270 |
Total Current Liabilities | 4,864 | 5,294 |
Funding
Shareholders' Equity / Capital Funds
Share Capital | 5 | 8,432 | 8,432 |
Reserves | 6 | 47,441 | 47,441 |
Retained Earnings | 7 | (23,722) | (23,133) |
Total Shareholders' Equity / Total Capital Funds | 32,151 | 32,739 |
Non Current Liabilities
Term Loans | 11 | 29,780 | 31,100 |
Deferred Taxation | 4 | 906 | 759 |
Total Non Current Liabilities | 30,686 | 31,859 |
Total Equity and Liabilities | 67,701 | 69,892 |
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Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 2003, No 90
Gazette.govt.nz —
NZ Gazette 2003, No 90
β¨ LLM interpretation of page content
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Financial Position of Horizon Energy Distribution Limited
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π Trade, Customs & IndustryFinancial Statement, Assets, Liabilities, Equity, Horizon Energy