New Zealand Gazette – 2003 – No. 98

Page 2587

✨ Financial Statements



Buller Electricity Limited

Line Business Financial Statements

Statement of Financial Position as at 31 March 2003

Note 2003 ($) 2002 ($)
Equity
Share Capital 4,964,358 4,964,358
Reserves 3 8,984,834 8,984,834
Retained Earnings 3,680,201 3,062,434
Total Equity 17,629,393 17,011,626

Represented by:

Current Assets 2003 ($) 2002 ($)
Cash at Bank and on Hand 162,716 66,356
Term Deposits 3,551,538 3,796,069
Receivables and Prepayments 430,267 562,071
Tax Refund Due 0 36,495
Other 53,063 3,685
Total Current Assets 4,197,584 4,464,676
Current Liabilities 2003 ($) 2002 ($)
Creditors 518,635 560,228
Provision for Dividend 0 240,000
Taxation Payable 41,056 0
Other Current Liabilities 254,024 0
Total Current Liabilities 813,715 800,228

| Net Current Assets | | 3,383,869 | 3,664,448 |

Non Current Assets 2003 ($) 2002 ($)
Property, Plant and Equipment 4 13,729,376 13,344,680
Long Term Investments 516,148 2,498
Total Non Current Assets 14,245,524 13,347,178

| Net Assets | | 17,629,393 | 17,011,626 |

For and on Behalf of the Board

..............................
W H M Sayers
Chairman
5 August 2003

..............................
C P White
Director
5 August 2003



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Online Sources for this page:

VUW Te Waharoa — PDF NZ Gazette 2003, No 98


Gazette.govt.nz — PDF NZ Gazette 2003, No 98




✨ LLM interpretation of page content

🏗️ Buller Electricity Limited Financial Statements (continued from previous page)

🏗️ Infrastructure & Public Works
5 August 2003
Electricity, Financial Statements, Revenue, Expenditure, Tax, Equity
  • W H M Sayers, Chairman
  • C P White, Director