New Zealand Gazette – 2005 – No. 122

Page 2945

✨ Financial Statements

Buller Electricity Limited

Line Business Financial Statements

Statement of Financial Position as at 31 March 2005

	Note	2005	2004
Equity
Share Capital		4,964,358	4,964,358
Retained Earnings		3,785,522	3,286,942
Reserves	3	10,681,474	10,681,473
Total Equity		19,431,354	18,932,773

Represented by:

Current Assets
| Cash at Bank and on Hand | | 102,017 | 23,845 |
| Term Deposits | | 499,079 | 0 |
| Receivables and Prepayments | | 300,092 | 494,718 |
| Tax Refund Due | | 261,609 | 0 |
| Other | | | |
| Total Current Assets | | 1,162,797 | 518,563 |

Current Liabilities
| Creditors | | 412,729 | 398,155 |
| Provision for Dividend | | 0 | 0 |
| Taxation Payable | | 0 | 5,382 |
| Other Current Liabilities | | 45,064 | 81,252 |
| Total Liabilities | | 457,793 | 484,789 |

| Net Current Assets | | 705,004 | 33,774 |

Non Current Assets
| Property, Plant and Equipment | 4 | 21,259,892 | 19,680,656 |
| Long Term Investments | | 756,973 | 758,858 |
| Total Non Current Assets | | 22,016,865 | 20,439,514 |

Term Liabilities
| Loans | | 3,290,515 | 1,540,515 |

| Net Assets | | 19,431,354 | 18,932,773 |

For and on Behalf of the Board

Signature
W H M Sawyers
Chairman
29 July 2005

Signature
C P White
Director
29 July 2005

VUW Te Waharoa — NZ Gazette 2005, No 122

Gazette.govt.nz — NZ Gazette 2005, No 122

The Executive Wing of Parliament (depicted) is universally known as The Beehive. It was completed in 1977 and remains the primary office for the elected Government of the day.

✨ LLM interpretation of page content

🏭 Buller Electricity Limited Line Business Financial Statements (continued from previous page)

Domain🏭 Trade, Customs & Industry
Dated29 July 2005
KeywordsBuller Electricity Limited, Financial Statements, Equity, Assets, Liabilities, Net Assets
👩‍💼 Officials

W H M Sawyers, Chairman
C P White, Director

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