✨ Financial Statements




Buller Electricity Limited

Line Business Financial Statements

Statement of Financial Position as at 31 March 2006

Note 2006 2005
$ $

Equity | | | |
Share Capital | | 4,964,358 | 4,964,358 |
Retained Earnings| | 4,478,788 | 3,785,522 |
Reserves | 3 | 9,457,727 | 10,681,474 |
Total Equity | | 18,900,868 | 19,431,354 |

Represented by:

Current Assets |
Cash at Bank and on Hand | | 19,753 | 102,017 |
Term Deposits | | 0 | 0 |
Receivables and Prepayments| | 504,805 | 499,079 |
Tax Refund Due | | 106,951 | 300,092 |
Deferred Tax | | 24,000 | 0 |
Other | | 256,054 | 261,609 |
Total Current Assets | | 911,563 | 1,162,797 |

Current Liabilities |
Creditors | | 307,462 | 412,729 |
Provision for Dividend | | 0 | 0 |
Taxation Payable | | 0 | 0 |
Other Current Liabilities | | 4,407 | 45,064 |
Total Liabilities | | 311,869 | 457,793 |

Net Current Assets | | 599,694 | 705,004 |

Non Current Assets |
Property, Plant and Equipment | 4 | 20,172,716 | 21,259,892 |
Long Term Investments | | 168,973 | 756,973 |
Total Non Current Assets| | 20,341,689 | 22,016,865 |

Term Liabilities |
Loans | | 2,040,515 | 3,290,515 |

Net Assets | | 18,900,868 | 19,431,354 |

For and on Behalf of the Board

Signatures

P W Young
Director
30 October 2006

K F Poynter
Director
30 October 2006



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Online Sources for this page:

VUW Te Waharoa PDF NZ Gazette 2006, No 128


Gazette.govt.nz PDF NZ Gazette 2006, No 128





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🏭 Buller Electricity Limited Financial Statements (continued from previous page)

🏭 Trade, Customs & Industry
30 October 2006
Financial Statements, Balance Sheet, Equity, Assets, Liabilities, Buller Electricity Limited
  • P W Young, Director
  • K F Poynter, Director