✨ Financial Statements




THE LINES COMPANY LIMITED - LINE BUSINESS ACTIVITY

Statement of Financial Position
As at the 31 March 2005

| Note | 2005
$000's | 2004
$000's |
|------|---------------|--------------|

Equity

Share Capital | 6,021 | 6,021 |
Retained Earnings | 11,316 | 10,505 |
Revaluation Reserve | 42,170 | 36,734 |
Total Equity | 59,508 | 53,260 |

Fixed Assets

Fixed Assets | 5 | 98,403 | 97,495 |
Total Fixed Assets | | 98,403 | 97,495 |

Current Assets

Cash | | 404 | -
Receivables & prepayments | | 3,081 | 2,970 |
Work in Progress | | 190 | 68 |
Inventory | | 713 | 813 |
Total Current Assets | | 4,388 | 3,851 |

Total Assets | | 102,791 | 101,346 |

Non-current Liabilities

Loans | 6 | 28,754 | 28,181 |
Deferred Tax | 7 | 7,046 | 12,082 |
Total Non-current Liabilities | | 35,800 | 40,263 |

Current Liabilities

Bank Overdraft | | - | 58 |
Accounts Payable | | 4,440 | 4,792 |
Provisions | | 81 | 202 |
Short Term Loan | 8 | 2,963 | 2,791 |
Customer Discount Provision| | - | -
Total Current Liabilities | | 7,484 | 7,823 |

Total Liabilities | | 43,284 | 48,086 |

Net Assets Employed | | 59,508 | 53,260 |


Director: [Signature] Director: [Signature]

Date: 11/5/05 Date: 13/9/05



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Online Sources for this page:

VUW Te Waharoa PDF NZ Gazette 2005, No 139


Gazette.govt.nz PDF NZ Gazette 2005, No 139





✨ LLM interpretation of page content

πŸ’° Financial Performance and Equity Movement for The Lines Company Limited (continued from previous page)

πŸ’° Finance & Revenue
Financial Statements, Performance Measures, Revenue, Expenses, Surplus, Taxation, Equity, Dividends
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