β¨ Financial Statements
WAIPA NETWORKS LIMITED - LINES BUSINESS
STATEMENT OF FINANCIAL POSITION
AS AT 31 MARCH 2007
| Note | 2007 | 2006 | |
|---|---|---|---|
| $ | $ |
EQUITY
Share capital | 4 | 44,516,299 | 44,516,299 |
Reserves | 5 | - | - |
Retained earnings | 6 | 9,941,708 | 8,239,208 |
TOTAL EQUITY | | 54,458,007 | 52,755,507 |
Represented By:
CURRENT ASSETS
Cash and Bank | | 44,861 | 154,719 |
Short term investments | | - | - |
Receivables and prepayments | 7 | 1,348,309 | 1,224,294 |
Tax refund due | | 5,114 | 43,119 |
Inventories | | 402,274 | 392,844 |
| | **1,800,558** | **1,814,976** |
NON - CURRENT ASSETS
Property, Plant and Equipment | 9 | 64,055,220 | 60,784,458 |
TOTAL ASSETS | | 65,855,778 | 62,599,434 |
CURRENT LIABILITIES
Creditors | 8 | 1,542,968 | 813,900 |
NON - CURRENT LIABILITIES
Employee entitlements | | 54,803 | 30,027 |
Term Liabilities | 10 | 9,800,000 | 9,000,000 |
TOTAL LIABILITIES | | 11,397,771 | 9,843,927 |
NET ASSETS | | 54,458,007 | 52,755,507 |
For and on behalf of the Board
D M Reed, Director
11 December 2007
R Z Kadziolka, Director
11 December 2007
The accompanying notes form part of these financial statements.
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Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 2008, No 24
Gazette.govt.nz —
NZ Gazette 2008, No 24
β¨ LLM interpretation of page content
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Statement of Financial Position for Waipa Networks Limited
(continued from previous page)
π Trade, Customs & Industry11 December 2007
Financial statements, Assets, Liabilities, Equity, Waipa Networks Limited
- D M Reed, Director
- R Z Kadziolka, Director