✨ Financial Statements
Buller Electricity Limited
Line Business Financial Statements
12 Information to be Disclosed in Financial Statements under requirement 6 of the Electricity Information Disclosure Requirements 2004.
Statement of Financial Position Disclosure (Schedule 1, Part 2)
| 2004 | 2003 | |
|---|---|---|
| $ | $ |
1 Current Assets
(a) Cash & Bank balances | 23,845 | 162,716 |
(b) Short term investments | 0 | 3,551,538 |
(c) Inventories | 0 | 0 |
(d) Accounts receivable | 494,718 | 430,267 |
(e) Other current assets not listed in (a) to (d) | 0 | 53,063 |
(f) Total current assets | 518,563 | 4,197,584 |
2 Fixed Assets
(a) System fixed assets | 18,653,438| 13,592,610|
(b) Customer billing and information system assets | 43,755 | 65,729 |
(c) Motor Vehicles | 50,410 | 12,399 |
(d) Office Equipment | 41,730 | 22,908 |
(e) Land and Buildings | 886,000 | 33,004 |
(f) Capital works under construction | 0 | 0 |
(g) Other fixed assets not listed in (a) to (f) | 5,323 | 2,726 |
(h) Total fixed assets | 19,680,656| 13,729,376|
3 Other tangible assets not listed above
| 758,859 | 516,148 |4 Total tangible assets
| 20,958,078| 18,443,108|5 Intangible assets
(a) Goodwill | 0 | 0 |
(b) Other intangible not listed in (a) | 0 | 0 |
(c) Total intangible assets | 0 | 0 |
6 Total Assets
| 20,958,078| 18,443,108|7 Current Liabilities
(a) Bank Overdraft | 0 | 0 |
(b) Short term borrowings | 0 | 0 |
(c) Payables and accruals | 398,155 | 518,635 |
(d) Provision for dividend payable | 0 | 0 |
(e) Provision for income tax| 5,382 | 41,056 |
(f) Other Current Liabilities not listed in (a) to (e) | 81,253 | 254,024 |
(g) Total Current Liabilities| 484,790 | 813,715 |
8 Non-current Liabilities
(a) Payables and accruals | 0 | 0 |
(b) Borrowings | 1,540,515 | 0 |
(c) Deferred tax | 0 | 0 |
(d) Other Non-current Liabilities not listed in (a) to (e) | 0 | 0 |
(e) Total Non-current Liabilities | 1,540,515 | 0 |
9 Equity
(a) Shareholders equity
(i) Share Capital | 4,964,358 | 4,964,358 |
(ii) Retained Earnings | 3,286,942 | 3,680,201 |
(iii) Reserves | 10,681,474| 8,984,834 |
(iv) Total Shareholders equity | 18,932,773 | 17,629,393 |
(b) Minority interests in subsidiaries | 0 | 0 |
(c) Total Equity | 18,932,773| 17,629,393|
(d) Capital Notes | 0 | 0 |
(e) Total capital funds | 18,932,773| 17,629,393|
10 Total equity and liabilities
| 20,958,078| 18,443,108|Next Page →
Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 2005, No 14
Gazette.govt.nz —
NZ Gazette 2005, No 14
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