✨ Financial Statement
430
NEW ZEALAND GAZETTE, No. 19
19 JANUARY 2005
ELECTRICITY ASHBURTON LTD – LINES BUSINESS
STATEMENT OF FINANCIAL POSITION
AS AT 31 MARCH 2004
| Note | 2004 $ | 2003 $ |
|---|---|---|
| CURRENT ASSETS | 7 | |
| Inventory | 1,808,515 | 2,230,324 |
| Receivables and Prepayments | 1,980,128 | 2,279,082 |
| Total Current Assets | 3,788,643 | 4,509,406 |
NON CURRENT ASSETS
Investments
Ashburton Aquatic Park Trust Loan
300,000
300,000
Fixed Assets
9
Distribution System
106,541,997
88,932,726
Land & Buildings
2,099,833
2,696,765
Motor Vehicles
116,472
121,589
Plant, Furniture & Equipment
541,843
856,695
Work in Progress
735,568
1,801,363
Total Non Current Assets
110,335,713
94,709,138
TOTAL ASSETS
$114,124,356
$99,218,544
CURRENT LIABILITIES
8
Bank Overdraft
1,765,082
2,769,858
Provision for Dividend
1,173,000
0
Provision for Taxation
985,139
0
Creditors
1,953,215
1,816,572
Total Current Liabilities
5,876,436
4,586,430
NON CURRENT LIABILITIES
8
Deferred Taxation
4
10,199,827
8,691,551
Bank Loan
14,250,000
17,750,000
Total Non Current Liabilities
24,449,827
26,441,551
SHAREHOLDERS’ FUNDS
Deferred Shares
28,750,000
28,750,000
Rebate Shares
1,250,000
1,250,000
Non Allocated Shares
(77,000)
(111,300)
Reserves
47,479,654
34,743,906
Retained Earnings
6,395,439
3,557,957
Total Shareholders Funds
83,798,093
68,190,563
TOTAL EQUITY AND LIABILITIES
$114,124,356
$99,218,544
For and on behalf of the Board
Date: 22 December 2004
DIRECTOR
DIRECTOR
The accompanying notes form part of these financial statements
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Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 2005, No 19
Gazette.govt.nz —
NZ Gazette 2005, No 19
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Electricity Ashburton Ltd Financial Statement
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🏭 Trade, Customs & Industry22 December 2004
Electricity, Financial Statement, Assets, Liabilities, Shareholders' Funds, Ashburton
- DIRECTOR
- DIRECTOR