✨ Financial Statements
562 NEW ZEALAND GAZETTE, No. 25 15 FEBRUARY 2008
| 2007 | 2006 | |
|---|---|---|
| $000 | $000 |
Comprising:
Current tax | 20,579 | 17,076 |
Deferred tax | 6,536 | 5,943 |
| 27,115 | 23,019 |
Deferred tax liability
Opening balance | 57,680 | 51,737 |
Current year movement expensed | 6,536 | 5,943 |
Closing balance | 64,216 | 57,680 |
- Accounts receivable
A summary of accounts receivable is as follows:
| 2007 | 2006 | |
|---|---|---|
| Trade receivables | 3,366 | 3,506 |
| Tax receivable | 2,565 | 5,022 |
| Prepayments | 766 | 816 |
| Interest receivable | -- | -- |
| 6,697 | 9,344 | |
| Provision for doubtful debts | (125) | (125) |
| 6,572 | 9,219 |
- Inventories
A summary of inventories is as follows:
| 2007 | 2006 | |
|---|---|---|
| Chargeable WIP | 33 | 103 |
| Maintenance items | 869 | 460 |
| 902 | 563 |
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Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 2008, No 25
Gazette.govt.nz —
NZ Gazette 2008, No 25
✨ LLM interpretation of page content
💰
Operating Surplus Before Tax
(continued from previous page)
💰 Finance & RevenueOperating Surplus, Credit Costs, Bad Debts, Doubtful Debts, Local Authority Rates, Rebates, Subvention Payments, Unusual Expenses, Interest Expense, Taxation Expense
💰 Deferred Tax Liability
💰 Finance & RevenueDeferred Tax, Current Tax, Opening Balance, Closing Balance
💰 Accounts Receivable Summary
💰 Finance & RevenueTrade Receivables, Tax Receivable, Prepayments, Interest Receivable, Doubtful Debts
💰 Inventories Summary
💰 Finance & RevenueChargeable WIP, Maintenance Items