✨ Financial Statement
Counties Power Limited – Line Business
STATEMENT OF FINANCIAL POSITION
As at 31 March 2003
| Notes | 31 March 2003 | 31 March 2002 |
|---|---|---|
| $000 | $000 |
CURRENT ASSETS
- Cash and bank balances
- Short-term investments
- Inventories
- Accounts receivable | (7) | 2,879 | 3,168 |
- Other current assets
TOTAL CURRENT ASSETS | | 2,879 | 3,168 |
FIXED ASSETS | (10) | 102,988 | 94,126 |
OTHER TANGIBLE ASSETS
TOTAL TANGIBLE ASSETS | | 105,867 | 97,294 |
INTANGIBLE ASSETS
- Goodwill
- Other Intangibles
TOTAL INTANGIBLE ASSETS | | - | - |
TOTAL ASSETS | | 105,867 | 97,294 |
CURRENT LIABILITIES
- Bank Overdraft | (8) | 56 | - |
- Borrowings | (8) | 3,743 | 7,262 |
- Payables and accruals | (9) | 2,706 | 2,486 |
- Provision for dividend payable
- Provision for income tax
- Other current liabilities
TOTAL CURRENT LIABILITIES | | 6,505 | 9,748 |
NON-CURRENT LIABILITIES
- Payables and accruals
- Borrowings | (8) | 3,200 | - |
- Deferred taxation | (4) | - | - |
- Other non-current assets
TOTAL NON-CURRENT LIABILITIES | | 3,200 | - |
SHAREHOLDERS' EQUITY
- Share capital | (5) | 29,311 | 29,311 |
- Retained earnings | | 20,713 | 18,122 |
- Dividend proposed | (6) | - | -
- Asset revaluation reserve
TOTAL SHAREHOLDERS' EQUITY | | 46,138 | 40,113 |
TOTAL CAPITAL FUNDS | | 96,162 | 87,546 |
MINORITY INTERESTS IN SUBSIDIARIES
CAPITAL NOTES
TOTAL EQUITY AND LIABILITIES | | 105,867 | 97,294 |
Next Page →
Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 2003, No 93
Gazette.govt.nz —
NZ Gazette 2003, No 93
✨ LLM interpretation of page content
💰
Audit Report for Counties Power Limited Line Business
(continued from previous page)
💰 Finance & Revenue16 July 2003
Audit, Financial Statements, Electricity, Information Disclosure, Counties Power Limited