Employee entitlements expected to be taken within the 12 months following balance date are recorded as current liabilities. All other employee entitlements are recorded as term liabilities
Note 16: Events Subsequent to Balance Date
There have been no significant reporting events subsequent to balance date.
Note 17: Accounts payable and accruals
2005
2004
Trade creditors
885
495
Sundry creditors and accruals
165
142
1,050
637
Note 18: Electricity Information Disclosure Requirements 2004 - Requirement 6 Information to be disclosed in Financial Statements:
2005
2004
1 Current Assets
$000
$000
(a) Cash and bank balances
692
1,016
(b) Short-term investments
1,116
264
(c) Inventories
383
461
(d) Accounts receivable
642
585
(e) Other current assets not listed in (a) to (d)
613
-
(f) Total current assets
3,446
2,326
2005
2004
2 Fixed Assets
$000
$000
(a) System fixed assets
31,781
31,588
(b) Consumer billing and information system assets
471
519
(c) Motor vehicles
19
25
(d) Office equipment
-
-
(e) Land and buildings
80
18
(f) Capital works under construction
163
187
(g) Other fixed assets not listed in (a) to (f)
-
-
(h) Total fixed assets
32,514
32,337
2005
2004
3 Other tangible assets not listed above
-
-
2005
2004
4 Total tangible assets
35,960
34,663
2005
2004
5 Intangibles
$000
$000
(a) Goodwill
-
-
(b) Other intangibles not listed in (a) above
-
-
(c) Total Intangibles
-
-
2005
2004
6 Total assets
35,960
34,663
2005
2004
7 Current liabilities
$000
$000
(a) Bank overdraft
-
-
(b) Short-term borrowings
-
-
(c) Payables and Accruals
1,050
637
(d) Provision for dividends payable
-
-
(e) Provision for income tax
-
5
(f) Other current liabilities not listed in (a) to (e) above
NZ Gazette 2005, No 142
