β¨ 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 —
NZ Gazette 2005, No 118
Gazette.govt.nz —
NZ Gazette 2005, No 118
β¨ LLM interpretation of page content
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Westpower Limited Statement of Financial Position
(continued from previous page)
π Trade, Customs & Industry31 March 2005
Financial Position, Equity, Assets, Liabilities, Share Capital, Reserves, Retained Earnings, Westpower Limited, Electricity