β¨ Financial Statements
HORIZON ENERGY DISTRIBUTION LIMITED - Lines Business
STATEMENT OF FINANCIAL POSITION
As at 31 March 2005
| NOTE | Lines Business 2005 $000 | Lines Business 2004 $000 |
|---|---|---|
| Shareholders' Equity / Capital Funds | ||
| Share Capital | 5 | 8,432 |
| Reserves | 6 | 58,067 |
| Retained Earnings | 7 | (22,008) |
| Total Shareholders' Equity / Total Capital Funds | 44,491 |
Current Assets
| | | |
| Advance to "Other" Business | | 1,427 | 1,622 |
| Accounts Receivable | 8 | 2,580 | 2,583 |
| Inventory | | - | - |
| Total Current Assets | | 4,007 | 4,205 |
Non Current Assets
| | | |
| Fixed Assets | 9 | 74,613 | 73,591 |
| Total Non Current Assets | | 74,613 | 73,591 |
| Total Tangible Assets / Total Assets | | 78,620 | 77,796 |
Current Liabilities
| | | |
| Bank Overdraft | | 752 | (34) |
| Accounts Payable and Accruals | 10 | 2,436 | 2,160 |
| Taxation Payable | 4 | 1,763 | 1,532 |
| Total Current Liabilities | | 4,951 | 3,659 |
Non Current Liabilities
| | | |
| Term Loans | 11 | 26,600 | 28,285 |
| Deferred Taxation | 4 | 2,578 | 2,337 |
| Total Non Current Liabilities | | 29,178 | 30,622 |
| Total Liabilities | | 34,129 | 34,281 |
| Net Assets | | 44,491 | 43,516 |
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Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 2005, No 127
Gazette.govt.nz —
NZ Gazette 2005, No 127
β¨ LLM interpretation of page content
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Horizon Energy Distribution Limited Financial Position
(continued from previous page)
π Trade, Customs & IndustryFinancial Position, Shareholders' Equity, Current Assets, Non Current Assets, Current Liabilities, Non Current Liabilities, Net Assets