✨ Financial Statements




WAIPA NETWORKS LIMITED - LINES BUSINESS

STATEMENT OF FINANCIAL POSITION

AS AT 31 MARCH 2005

Note 2005 2004
$ $

EQUITY

Share capital | 4 | - | -
Reserves | 5 | 44,516,299 | 34,862,235
Retained earnings | 6 | 7,448,527 | 6,810,811

TOTAL EQUITY | | 51,964,826 | 41,673,046

Represented By:

CURRENT ASSETS

Cash and Bank | | 299,244 | 960,664
Receivables and prepayments | 7 | 1,308,143 | 1,227,429
Tax refund due | | 16,532 | 101,323
Inventories | | 368,446 | 244,565

Total Current Assets | | 1,992,365 | 2,533,981

NON - CURRENT ASSETS

Property, Plant and Equipment | 9 | 58,774,792 | 47,807,151

TOTAL ASSETS | | 60,767,157 | 50,341,132

CURRENT LIABILITIES

Creditors | 8 | 775,073 | 646,153

NON - CURRENT LIABILITIES

Employee entitlements | | 27,258 | 21,933
Term Liabilities | 10 | 8,000,000 | 8,000,000

TOTAL LIABILITIES | | 8,802,331 | 8,668,086

NET ASSETS | | 51,964,826 | 41,673,046

For and on behalf of the Board

Signature
D M Reed Director
21 June 2005

Signature
R T Francis Director
21 June 2005

The accompanying notes form part of these financial statements.



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Online Sources for this page:

VUW Te Waharoa PDF NZ Gazette 2005, No 101


Gazette.govt.nz PDF NZ Gazette 2005, No 101





✨ LLM interpretation of page content

🏭 Certification of Financial Statements and Performance Measures for Waipa Networks Limited (continued from previous page)

🏭 Trade, Customs & Industry
21 June 2005
Financial statements, Performance measures, Electricity Information Disclosure Requirements, Waipa Networks Limited
  • D M Reed, Director
  • R T Francis, Director