β¨ Financial Statements
THE POWER COMPANY LIMITED LINE BUSINESS
STATEMENT OF FINANCIAL POSITION
As at 31 March 2005
| Note | Group | Parent | |||
|---|---|---|---|---|---|
| 2005 | 2004 | 2005 | 2004 | ||
| $000 | $000 | $000 | $000 |
Equity | (4) | 208,737 | 208,006 | 207,753 | 207,499 |
Represented By:
Current Assets
Receivables and Prepayments | (5) | 2,669 | 2,518 | 606 | 990 |
Inventories | | 47 | 52 | - | - |
Total Current Assets | | 2,716 | 2,570 | 606 | 990 |
Non Current Assets
Shareholder Advance | | - | - | 1,891 | 1,876 |
Property, Plant and Equipment | (6) | 209,840 | 213,655 | 208,799 | 212,616 |
Capital Work in Progress | | 2,709 | 1,282 | 2,697 | 1,261 |
Total Non Current Assets| | 212,549 | 214,937 | 213,387 | 215,753 |
Total Assets | | 215,265 | 217,507 | 213,993 | 216,743 |
Current Liabilities
Bank Overdraft | | 2,818 | 6,873 | 5,077 | 8,723 |
Accounts Payable and Provisions | (7) | 3,580 | 2,390 | 1,033 | 521 |
Provision for Taxation | (7) | - | 238 | - | - |
Provision for Dividend | (7) | 130 | - | 130 | - |
Total Current Liabilities| | 6,528 | 9,501 | 6,240 | 9,244 |
Non Current Liabilities
Term Loan | | - | - | - | - |
Total Non Current Liabilities| | - | - | - | - |
Total Liabilities | | 6,528 | 9,501 | 6,240 | 9,244 |
Net Assets | | 208,737 | 208,006 | 207,753 | 207,499 |
The accompanying notes on pages 6 to 13 form part of and should be read in conjunction with these financial statements.
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Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 2005, No 133
Gazette.govt.nz —
NZ Gazette 2005, No 133
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Financial Statements for The Power Company Limited Line Business
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π Trade, Customs & Industry10 August 2005
Financial Statements, Electricity Information Disclosure Requirements, The Power Company Limited