✨ 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 PDF NZ Gazette 2005, No 133


Gazette.govt.nz PDF NZ Gazette 2005, No 133





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🏭 Financial Statements for The Power Company Limited Line Business (continued from previous page)

🏭 Trade, Customs & Industry
10 August 2005
Financial Statements, Electricity Information Disclosure Requirements, The Power Company Limited