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New Zealand Gazette – 2006 – No. 128

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✨ Financial Statements

3744

NEW ZEALAND GAZETTE, No. 128

3 NOVEMBER 2006

Buller Electricity Limited

Line Business Financial Statements

12 Information to be Disclosed in Financial Statements under requirement 6 of the Electricity Information Disclosure Requirements 2004.

Statement of Financial Position Disclosure (Schedule 1, Part 2)

	2006 $	2005 $
1 Current Assets
(a) Cash & Bank balances	19,753	102,017
(b) Short term investments	0	0
(c) Inventories	0	0
(d) Accounts receivable	504,805	499,079
(e) Other current assets not listed in (a) to (d)	387,005	561,701
(f) Total current assets	911,563	1,162,797
2 Fixed Assets
(a) System fixed assets	19,053,270	20,128,645
(b) Customer billing and information system assets	61,632	50,030
(c) Motor Vehicles	71,304	86,851
(d) Office Equipment	35,088	41,882
(e) Land and Buildings	880,555	897,904
(f) Capital works under construction	70,867	54,580
(g) Other fixed assets not listed in (a) to (f)	0	0
(h) Total fixed assets	20,172,716	21,259,892
3 Other tangible assets not listed above	168,973	756,973
4 Total tangible assets	21,253,252	23,179,662
5 Intangible assets
(a) Goodwill	0	0
(b) Other intangible not listed in (a)	0	0
(c) Total intangible assets	0	0
6 Total Assets	21,253,252	23,179,662
7 Current Liabilities
(a) Bank Overdraft	0	0
(b) Short term borrowings	307,462	412,729
(c) Payables and accruals	0	0
(d) Provision for dividend payable	0	0
(e) Provision for income tax	4,407	45,064
(f) Other Current Liabilities not listed in (a) to (e)	0	0
(g) Total Current Liabilities	311,869	457,793
8 Non-current Liabilities
(a) Payables and accruals	0	0
(b) Borrowings	2,040,515	3,290,515
(c) Deferred tax	0	0
(d) Other Non-current Liabilities not listed in (a) to (e)	0	0
(e) Total Non-current Liabilities	2,040,515	3,290,515
9 Equity
(a) Shareholders equity
(i) Share Capital	4,964,358	4,964,358
(ii) Retained Earnings	4,478,783	3,785,522
(iii) Reserves	9,457,727	10,681,474
(iv) Total Shareholders equity	18,900,868	19,431,354
(b) Minority interests in subsidiaries	0	0
(c) Total Equity	18,900,868	19,431,354
(d) Capital Notes	0	0
(e) Total capital funds	18,900,868	19,431,354
10 Total equity and liabilities	21,253,252	23,179,662