New Zealand Gazette – 2008 – No. 24

Page 534

✨ Financial Statements

534 NEW ZEALAND GAZETTE, No. 24 15 FEBRUARY 2008

WAIPA NETWORKS LIMITED - LINES BUSINESS

	2007	2006
	$	$

5 REVALUATION OF ASSETS RESERVE

Revaluation of Assets Reserve

Balance at beginning of year 44,516,299 44,516,299
Asset Revaluation Rectification - -
Balance at end of year 44,516,299 44,516,299

6 RETAINED EARNINGS

Balance at beginning of year 6,239,208 7,448,527
Net Surplus after Taxation 1,702,500 790,681
Balance at end of year 9,941,708 8,239,208

7 RECEIVABLES

Trade debtors 1,307,140 1,179,547
Accrued Interest Income 28 50
Prepayments 41,141 44,697
1,348,309 1,224,294

8 CREDITORS

Accounts payable and accruals - trade 1,423,212 711,488
Employee entitlements 118,110 98,475
Payables to Directors 1,646 3,937
1,542,968 813,900

VUW Te Waharoa — NZ Gazette 2008, No 24

Gazette.govt.nz — NZ Gazette 2008, No 24

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✨ LLM interpretation of page content

🏭 Notes to Financial Statements for Waipa Networks Limited (continued from previous page)

Domain🏭 Trade, Customs & Industry
KeywordsFinancial statements, Revaluation of assets, Retained earnings, Receivables, Creditors, Waipa Networks Limited

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