✨ 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%


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Online Sources for this page:

VUW Te Waharoa PDF NZ Gazette 2005, No 150


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





✨ LLM interpretation of page content

🏭 Scanpower Limited Notes to the Financial Statements (continued from previous page)

🏭 Trade, Customs & Industry
Financial Statements, Receivables, Prepayments, Inventories, Investments, Interest Rates