New Zealand Gazette – 2004 – No. 171

Page 4269

✨ Financial Statements



22 DECEMBER 2004 NEW ZEALAND GAZETTE, No. 171 4269

TRANSPOWER NEW ZEALAND LIMITED LINES BUSINESS

NOTES TO THE FINANCIAL STATEMENTS continued

FOR THE YEAR ENDED 30 JUNE 2004

7. CURRENT ASSETS

LINES BUSINESS 2004 $000 LINES BUSINESS 2003 $000
Cash and bank 722 —
Short term investments 10 510
Trade receivables 59,012 36,303
Provision for current tax 441 8,518
Deferred tax 1,338 1,871
Other receivables 2,832 2,565
Stocks of materials 10,870 11,093
Prepayments 2,357 1,732
Total current assets 77,582 62,592

Reconciliation of provision for current tax:

Balance at the beginning of the year | (8,518) | (1,892) |
Tax payable in the current year (refer Note 6) | 28,877 | 16,566 |
Provisional tax (payments)/refunds made during the year | (18,820) | (23,192) |
Balance at the end of the year | 441 | 8,518 |



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Online Sources for this page:

VUW Te Waharoa — PDF NZ Gazette 2004, No 171


Gazette.govt.nz — PDF NZ Gazette 2004, No 171




✨ LLM interpretation of page content

🏭 Financial Performance of Transpower New Zealand Limited Lines Business (continued from previous page)

🏭 Trade, Customs & Industry
22 December 2004
Financial Statements, Operating Expenses, Depreciation, Asset Management, Transmission Services, Remuneration, Auditors, Net Finance Costs, Current Assets, Cash and Bank, Short Term Investments, Trade Receivables, Provision for Current Tax, Deferred Tax, Other Receivables, Stocks of Materials, Prepayments