New Zealand Gazette – 2005 – No. 150

Page 3672

✨ Financial Statements

3672

NEW ZEALAND GAZETTE, No. 150

31 AUGUST 2005

Scanpower Limited
Statement of Financial Position
As at 31 March 2005

Notes	2005 $'000	2004 $'000

EQUITY

7,500,000 Ordinary shares of $1 fully paid | 7,500 | 7,500 |
Retained earnings | (1,929) | (2,121) |
Reserves | 13,851 | 13,920 |
Shareholders' Equity | 19,422 | 19,299 |

REPRESENTED BY:

CURRENT ASSETS

Cash and bank balances | 374 | 186 |
Short term deposits | 376 | 929 |
Receivables and prepayments | 647 | 447 |
Tax provision | 6 | 0 |
Inventories | 131 | 90 |
Total Current Assets | 1,534 | 1,652 |

NON CURRENT ASSETS

Capital works in progress | 304 | 177 |
Property, plant and equipment | 20,003 | 19,697 |
Total Non-Current Assets | 20,307 | 19,874 |
TOTAL ASSETS | 21,841 | 21,526 |

CURRENT LIABILITIES

Accounts payable | 730 | 484 |
Employee entitlements | 19 | 19 |
Tax provision | 0 | 22 |
Total Current Liabilities | 749 | 525 |

NON CURRENT LIABILITIES

Deferred taxation | 1,670 | 1,702 |
Total Non-Current Liabilities | 1,670 | 1,702 |
TOTAL LIABILITIES | 2,419 | 2,227 |
NET ASSETS | 19,422 | 19,299 |

For and on behalf of the Board as at 25 August 2005

DIRECTOR:

Signature

DIRECTOR:

Signature

The accompanying notes and policies form an integral part of these Financial Statements

VUW Te Waharoa — NZ Gazette 2005, No 150

Gazette.govt.nz — NZ Gazette 2005, No 150

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✨ LLM interpretation of page content

🏭 Scanpower Limited Statement of Financial Position (continued from previous page)

Domain🏭 Trade, Customs & Industry
Dated25 August 2005
KeywordsFinancial Statements, Assets, Liabilities, Equity, Scanpower Limited
👩‍💼 Officials

Two Directors (signatures)

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