✨ Financial Statements




WESTPOWER LIMITED - LINES BUSINESS

STATEMENT OF FINANCIAL POSITION

AS AT 31 MARCH 2005

| Note | 2005
| $000's | 2004
| $000's |
|------|---------------|------|---------------|

EQUITY

Share Capital | 30,300 | 30,300 |
Reserves | 22,381 | 22,381 |
Retained Earnings | 10,803 | 7,987 |

TOTAL EQUITY | 63,484 | 60,668 |

Represented By:

CURRENT ASSETS

Cash and Bank | 167 | 362 |
Sundry Debtors | 4 | 1,740 | 1,452 |
Tax refund due | | 87 | 310 |
Other Current Assets| | - | - |
| 1,994 | 2,124 |

NON CURRENT ASSETS

Fixed Assets | 5 | 67,823 | 61,691 |
Investments | | 1,244 | 1,212 |
| 69,067 | 62,903 |

TOTAL ASSETS | 71,061 | 65,027 |

CURRENT LIABILITIES

Sundry Creditors | 2,879 | 1,434 |
Accrued Interest | 46 | 23 |
Provision for dividend| | - | - |
| 2,925 | 1,457 |

NON CURRENT LIABILITIES

Employee Entitlements | | - | - |
Long - term Debt | 6 | 4,652 | 2,902 |
| 4,652 | 2,902 |

TOTAL LIABILITIES | 7,577 | 4,359 |

NET ASSETS | 63,484 | 60,668 |

The accompanying notes and policies form part of these financial statements.



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Online Sources for this page:

VUW Te Waharoa PDF NZ Gazette 2005, No 118


Gazette.govt.nz PDF NZ Gazette 2005, No 118





✨ LLM interpretation of page content

🏭 Westpower Limited Statement of Financial Position (continued from previous page)

🏭 Trade, Customs & Industry
31 March 2005
Financial Position, Equity, Assets, Liabilities, Share Capital, Reserves, Retained Earnings, Westpower Limited, Electricity