New Zealand Gazette – 2005 – No. 166

Page 4170

✨ Financial Statement



POWERCO

ELECTRICITY DIVISION

Statement of Financial Position

As at 30 June 2005

Notes 30 June 2005 12 mths $'000 31 March 2004 12 mths $'000
Equity
Share capital 431,359 431,359
Retained earnings 4,829 12,916
435,987 444,275
Non Current Liabilities
Redeemable bonds 2 - 83,693
Capital bonds 3 - 47,551
Subordinated bonds 4 47,265 -
Guaranteed bonds 5 118,158 118,879
US dollar private placement notes 6 139,079 139,928
Commercial paper facility 7 69,803 58,240
Commercial bank debt 8 160,695 76,082
Funding facility 9 4,891 -
539,890 522,373
Current Liabilities
Accounts payable & accruals 32,948 25,249
Tax payable 16,380 21,527
49,328 46,776
Total Equity and Liabilities 1,025,205 1,013,424
Non Current Assets
Property, plant and equipment 10 942,684 925,046
Deferred funding costs 6,356 7,362
Current account 53,344 58,892
1,002,384 991,300
Current Assets
Funding Facility 9 - 3,947
Receivables 22,821 18,177
22,821 22,124
Total Assets 1,025,205 1,013,424

The accompanying notes form part of these financial statements.



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Online Sources for this page:

VUW Te Waharoa — PDF NZ Gazette 2005, No 166


Gazette.govt.nz — PDF NZ Gazette 2005, No 166




✨ LLM interpretation of page content

🏭 Powerco Electricity Division Statement of Financial Position (continued from previous page)

🏭 Trade, Customs & Industry
30 June 2005
Financial Statement, Powerco Electricity Division, Equity, Liabilities, Assets