β¨ Financial Statements Notes
31 AUGUST 2005
NEW ZEALAND GAZETTE, No. 150
3679
Scanpower Limited
Notes to the Financial Statements (Continued)
For the Year Ended 31 March 2005
Note 4. Receivables and Prepayments
| 2005 | |
|---|---|
| $'000 | |
| Trading debtors | 489 |
| Estimated doubtful receivables | 0 |
| GST clearing account | 145 |
| Miscellaneous prepayments | 13 |
| Accruals | 0 |
| 647 |
| 2004 | |
|---|---|
| $'000 | |
| Trading debtors | 437 |
| Estimated doubtful receivables | 0 |
| GST clearing account | 0 |
| Miscellaneous prepayments | 10 |
| Accruals | 0 |
| 447 |
Note 5. Inventories
| 2005 | |
|---|---|
| $'000 | |
| Network stocks | 131 |
| 131 |
| 2004 | |
|---|---|
| $'000 | |
| Network stocks | 90 |
| 90 |
Note 6. (i) Current Investments
Short term deposits held with registered banks
| 2005 | |
|---|---|
| $'000 | |
| 376 |
| 2004 | |
|---|---|
| $'000 | |
| 929 |
Market fluctuations in interest rates affect the earnings on these investments and the company policy of placing deposits with high credit quality institutions minimises potential credit risk.
Note 6. (ii) Interest Rates
The range of interest rates obtained on investments was as follows:
| Short term bank investments | 2005 | 2004 |
|---|---|---|
| 5.25 - 6.7% | 5.0 - 5.78% |
Next Page →
Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 2005, No 150
Gazette.govt.nz —
NZ Gazette 2005, No 150
β¨ LLM interpretation of page content
π
Scanpower Limited Notes to the Financial Statements
(continued from previous page)
π Trade, Customs & IndustryFinancial Statements, Receivables, Prepayments, Inventories, Investments, Interest Rates