✨ Financial Statements




27 NOVEMBER 2006
NEW ZEALAND GAZETTE, No. 152

4419


Scanpower Limited

Notes to the Financial Statements (Continued)

For the Year Ended 31 March 2006


Note 4. Receivables and Prepayments

2006
$'000
Trading debtors 501
Estimated doubtful receivables 0
GST clearing account 64
Miscellaneous prepayments 0
Accruals 0
Total 565
2005
$'000
Trading debtors 489
Estimated doubtful receivables 0
GST clearing account 145
Miscellaneous prepayments 13
Accruals 0
Total 647

Note 5. Inventories

2006
$'000
Network stocks 143
Total 143
2005
$'000
Network stocks 131
Total 131

Note 6. (i) Current Investments

2006
$'000
Short term deposits held with registered banks 0
2005
$'000
Short term deposits held with registered banks 376

Market fluctuations in interest rates affect the earnings on these investments and the company policy of placing deposits with high credit quality institutions minimises potential credit risk.


Note 6. (ii) Interest Rates

The range of interest rates obtained on investments was as follows:

2006
Short term bank investments 6.7 - 7.4%
2005
Short term bank investments 5.25 - 6.7%


Next Page →



Online Sources for this page:

VUW Te Waharoa PDF NZ Gazette 2006, No 152


Gazette.govt.nz PDF NZ Gazette 2006, No 152





✨ LLM interpretation of page content

πŸ’° Scanpower Limited Notes to the Financial Statements (continued from previous page)

πŸ’° Finance & Revenue
Taxation, Retained Earnings, Reserves, Financial Statements, Deferred Tax, Imputation Credit