β¨ Financial Statements
17 AUGUST 2005
NEW ZEALAND GAZETTE, No. 127
3075
HORIZON ENERGY DISTRIBUTION LIMITED - Lines Business
NOTES TO THE FINANCIAL STATEMENTS
| NOTE | Lines Business 2005 $000 | Lines Business 2004 $000 |
|---|---|---|
| 5 SHARE CAPITAL | ||
| Share Capital - Issued and paid up | ||
| Opening Balance | 8,432 | 8,432 |
| Balance as at 31 March | 8,432 | 8,432 |
| Shares issued - fully paid | 24,991,385 | 24,991,385 |
| Shares issued | - | - |
| 24,991,385 | 24,991,385 | |
| 6 RESERVES | ||
| Asset Revaluation Reserve | ||
| Opening Balance | 58,067 | 47,441 |
| Plus Revaluation of System Fixed Assets | 9 | 10,626 |
| Balance as at 31 March | 58,067 | 58,067 |
| 7 RETAINED EARNINGS | ||
| Opening Retained Earnings | (22,983) | (23,722) |
| Surplus after Taxation | 3,835 | 5,566 |
| Plus Retained Earnings distributed from "Other" business | - | - |
| Less Dividends paid | (2,860) | (4,827) |
| Balance as at 31 March | (22,008) | (22,983) |
| 8 ACCOUNTS RECEIVABLE | ||
| Accounts Receivable comprises: | ||
| Trade Receivables | 2,593 | 2,583 |
| Less Provision for Doubtful Debts | (13) | - |
| Balance as at 31 March | 2,580 | 2,583 |
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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 Statements
(continued from previous page)
π Trade, Customs & IndustryFinancial Statements, Share Capital, Reserves, Retained Earnings, Accounts Receivable