✨ Financial Statements
NEW ZEALAND GAZETTE, No. 171
22 DECEMBER 2004
TRANSPOWER NEW ZEALAND LIMITED LINES BUSINESS
STATEMENT OF FINANCIAL POSITION
AS AT 30 JUNE 2004
| Notes | LINES BUSINESS 2004 $'000 | LINES BUSINESS 2003 $'000 | |
|---|---|---|---|
| ASSETS EMPLOYED | |||
| Current assets | 7 | 77,582 | 62,592 |
| Fixed assets | 8 | 2,086,819 | 2,122,626 |
| Total Assets Employed | 2,164,401 | 2,185,218 |
| FUNDS EMPLOYED | | | |
| Liabilities | | | |
| Current liabilities | 9 | 499,589 | 419,758 |
| Long term lease liabilities| 10 | — | — |
| Long term debt | 11 | 655,783 | 802,019 |
| Total Liabilities | | 1,155,374 | 1,221,757 |
| Equity | | | |
| Capital | 12 | 1,200,000 | 1,200,000 |
| Reserves | 13 | — | — |
| Accumulated deficit | 14 | (191,973) | (236,539) |
| Total Equity | | 1,008,027 | 963,461 |
| Total Funds Employed | | 2,164,401 | 2,185,218 |
These statements are to be read in conjunction with the accompanying notes.
The Board of Directors of Transpower New Zealand Limited authorised these financial statements for issue on 16 December 2004.
For, and on behalf of, the Board
David Gascoigne
Chairman
Mark Turnu
Director
16 December 2004
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Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 2004, No 171
Gazette.govt.nz —
NZ Gazette 2004, No 171
✨ LLM interpretation of page content
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Financial Performance of Transpower New Zealand Limited Lines Business
(continued from previous page)
🏭 Trade, Customs & Industry16 December 2004
Financial Performance, Equity Movements, Net Surplus, Dividends
- David Gascoigne, Chairman
- Mark Turnu, Director