Electricity Company Financial Disclosure




ELECTRICITY INVERCARGILL LIMITED LINE BUSINESS

DISCLOSURE OF INFORMATION

Pursuant to Requirement 6(2) of the Electricity Information Disclosure Requirements 2004, Schedule 1 Part 2.

31 March 2005 31 March 2004
$000 $000

Current Assets

(a) Cash and bank balances | 2,295 | 1,301 |
(b) Short-term investments | 940 | 515 |
(c) Inventories | 24 | 26 |
(d) Accounts receivable | 1,129 | 1,104 |
(e) Other current assets not listed in (a) to (d) | - | - |

Total Current Assets | 4,388 | 2,946 |

Property, Plant and Equipment

(a) System fixed assets | 45,274 | 45,652 |
(b) Consumer billing and information system assets | 238 | 197 |
(c) Motor vehicles | - | - |
(d) Office equipment | 43 | 50 |
(e) Land and buildings | 104 | 112 |
(f) Capital works under construction | 727 | 126 |
(g) Other fixed assets not listed in (a) to (f) | 134 | 159 |

Total Property, Plant and Equipment | 46,520 | 46,296 |

Other tangible assets not listed above

Total Tangible Assets | 50,908 | 49,242 |

Intangible Assets

(a) Goodwill | - | - |
(b) Other intangibles not listed in (a) above | - | - |

Total Intangible Assets | - | - |

TOTAL ASSETS | 50,908 | 49,242 |

Current Liabilities

(a) Bank overdraft | - | - |
(b) Short-term borrowings | - | - |
(c) Payables and accruals | 1,524 | 1,406 |
(d) Provision for dividends payable | 3,100 | 2,600 |
(e) Provision for income tax | 29 | 16 |
(f) Other current liabilities not listed in (a) to (e) above | - | - |

Total Current Liabilities | 4,595 | 3,990 |

Non-Current Liabilities

(a) Payables and accruals | - | - |
(b) Borrowings | - | - |
(c) Deferred tax | - | - |
(d) Other non-current liabilities not listed in (a)-(c) above | - | - |

Total Non-Current Liabilities | - | - |

Equity

(a) Shareholders' equity:
(i) Share capital | 13,007 | 13,007 |
(ii) Retained earnings | 12,230 | 11,280 |
(iii) Reserves | 21,076 | 20,965 |

Total Shareholders’ equity | 46,313 | 45,252 |

(b) Minority interests in subsidiaries | - | - |

Total Equity | 46,313 | 45,252 |

(c) Capital notes | - | - |

Total Capital Funds | 46,313 | 45,252 |

TOTAL EQUITY AND LIABILITIES | 50,908 | 49,242



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Online Sources for this page:

VUW Te Waharoa PDF NZ Gazette 2005, No 151


Gazette.govt.nz PDF NZ Gazette 2005, No 151





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🏭 Electricity Invercargill Limited Line Business Financial Disclosure

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Electricity, Financial Disclosure, Assets, Liabilities, Equity, Invercargill