β¨ 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
D M Reed Director
21 June 2005
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 —
NZ Gazette 2005, No 101
Gazette.govt.nz —
NZ Gazette 2005, No 101
β¨ LLM interpretation of page content
π
Certification of Financial Statements and Performance Measures for Waipa Networks Limited
(continued from previous page)
π Trade, Customs & Industry21 June 2005
Financial statements, Performance measures, Electricity Information Disclosure Requirements, Waipa Networks Limited
- D M Reed, Director
- R T Francis, Director