✨ Financial Statements




Buller Electricity Limited

Line Business Financial Statements

Statement of Financial Position as at 31 March 2007

| Note | 2007
| $ | 2006
| $
|------|-------------|------|-------------|

Equity

Share Capital | 4,964,358 | 4,964,358
Retained Earnings | 5,775,867 | 4,478,783
Reserves | 3 10,165,727 | 9,457,727

Total Equity | 20,905,952 | 18,900,868

Represented by:

Current Assets

Cash at Bank and on Hand | 84,557 | 19,753
Term Deposits | 380,000 | 0
Receivables and Prepayments | 841,847 | 504,805
Tax Refund Due | 85,091 | 106,951
Deferred Tax | 24,000 | 24,000
Other | 767,932 | 256,054

Total Current Assets | 2,183,427 | 911,563

Current Liabilities

Creditors | 381,816 | 307,462
Provision for Dividend | 0 | 0
Taxation Payable | 0 | 0
Other Current Liabilities | 0 | 4,407

Total Liabilities | 381,816 | 311,869

Net Current Assets | 1,801,611 | 599,694n

Non Current Assets

Property, Plant and Equipment | 4 20,844,856 | 20,172,716
Long Term Investments | 0 | 168,973

Total Non Current Assets | 20,844,856 | 20,341,689

Term Liabilities

Loans | 1,740,515 | 2,040,515

Net Assets | 20,905,952 | 18,900,868


For and on Behalf of the Board

Signature 1
F N Dooley
Director
7 February 2008

Signature 2
K F Peyton
Director
7 February 2008



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Online Sources for this page:

VUW Te Waharoa PDF NZ Gazette 2008, No 21


Gazette.govt.nz PDF NZ Gazette 2008, No 21





✨ LLM interpretation of page content

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

🏭 Trade, Customs & Industry
7 February 2008
Buller Electricity Limited, Financial Performance, Equity Movements, Operating Revenue, Operating Expenditure, Net Surplus, Income Tax, Dividend
  • F N Dooley, Director
  • K F Peyton, Director