New Zealand Gazette – 2005 – No. 200

Page 5058

✨ Financial Statement

TRANSPOWER NEW ZEALAND LIMITED LINES BUSINESS

STATEMENT OF FINANCIAL POSITION

AS AT 30 JUNE 2005

	Notes	LINES BUSINESS 2005 $000	LINES BUSINESS 2004 $000
ASSETS EMPLOYED
Current assets	7	71,340	77,582
Fixed assets	8	2,071,103	2,086,819
Other long term assets	9	841,710	532,700
Total Assets Employed		2,684,153	2,697,101

| | | | |
| FUNDS EMPLOYED | | | |
| Liabilities | | | |
| Current liabilities | 10 | 202,070 | 499,589 |
| Long term lease liabilities| 11 | - | 485 |
| Long term debt | 12 | 1,421,224 | 1,189,485 |
| Total Liabilities | | 1,623,294 | 1,689,074 |

| Equity | | | |
| Capital | 13 | 1,200,000 | 1,200,000 |
| Reserves | 14 | - | - |
| Accumulated deficit | 15 | (139,141) | (191,973) |
| Total Equity | | 1,060,859 | 1,008,027 |

| Total Funds Employed | | 2,684,153 | 2,697,101 |

These statements are to be read in conjunction with the accompanying notes

The Board of Directors of Transpower New Zealand Limited authorised these financial statements for issue on 28 November 2005.

For, and on behalf of, the Board

Signature of David Gascoigne
David Gascoigne
Chairman

Signature of Mark Turner
Mark Turner
Director

28 November 2005

VUW Te Waharoa — NZ Gazette 2005, No 200

Gazette.govt.nz — NZ Gazette 2005, No 200

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✨ LLM interpretation of page content

🏭 Statement of Financial Position for Transpower New Zealand Limited Lines Business (continued from previous page)

Domain🏭 Trade, Customs & Industry
Dated28 November 2005
KeywordsFinancial Position, Assets, Liabilities, Equity, Transpower
👩‍💼 Officials

David Gascoigne, Chairman
Mark Turner, Director

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