✨ Financial Statements
Network Waitaki Limited Lines Business
Statement of Financial Position as at 31 March 2004
| Note | 2004
$ | 2003
$ |
| --- | --- | --- |
Current assets
Cash and bank balances | 92,429 | 409,322 |
Short-term investments | 8,200,000 | 6,900,000 |
Inventories | 152,419 | 165,167 |
Accounts receivable | 532,469 | 289,087 |
GST | 183,595 | 0 |
Provisional Tax | 156,924 | 296,231 |
Total current assets | 8,791,835 | 8,059,807 |
Total current assets | 9,356,627 | 8,059,807 |
Plant, Property & Equipment
System Plant, Property & Equipment | 45,926,475 | 37,744,279 |
Consumer billing and information system plant, property & equipment | 0 | 0 |
Motor vehicles | 0 | 0 |
Office equipment | 0 | 0 |
Land and buildings | 0 | 0 |
Capital works under construction (system plant, property & equipment) | 388,885 | 272,851 |
Other Plant, Property & Equipment | 8,199 | 9,435 |
Total Plant, Property & Equipment | 46,323,559 | 38,026,565 |
Other tangible assets not listed above | 0 | 0 |
Total tangible assets | 55,680,186 | 46,086,372 |
Intangible assets
Goodwill | 0 | 0 |
Other intangibles | 0 | 0 |
Total intangible assets | 0 | 0 |
Total assets | 55,680,186 | 46,086,372 |
Current liabilities
Bank overdraft | 0 | 0 |
Short-term borrowings | 0 | 0 |
Payables and accruals | 720,347 | 689,719 |
Provision for dividends payable | 0 | 0 |
Provision for taxation | 0 | 0 |
GST | 0 | 3,950 |
Other current liabilities | 0 | 13,181 |
Total current liabilities | 720,347 | 706,850 |
Non-current liabilities
Payables and accruals | 0 | 0 |
Borrowings | 0 | 0 |
Deferred tax | 3,636,441 | 2,869,749 |
Other non-current liabilities | 0 | 0 |
Total non-current liabilities | 3,636,441 | 2,869,749 |
Equity
Shareholders' equity
Share capital | 7,368,870 | 7,368,870 |
Retained earnings | 6,675,620 | 5,991,108 |
Reserves | 37,278,908 | 29,149,795 |
Total Shareholders' equity | 51,323,398 | 42,509,773 |
Minority interests in subsidiaries | 0 | 0 |
Total equity | 51,323,398 | 42,509,773 |
Capital notes | 0 | 0 |
Total capital funds | 51,323,398 | 42,509,773 |
Total equity and liabilities | 55,680,186 | 46,086,372 |
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Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 2005, No 21
Gazette.govt.nz —
NZ Gazette 2005, No 21
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Network Waitaki Limited Financial Statements
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🏭 Trade, Customs & Industry23 December 2004
Financial Statements, Electricity Information Disclosure Requirements, Network Waitaki Limited