818 NEW ZEALAND GAZETTE, No. 35 25 FEBRUARY 2008

7 CURRENT ASSETS

a) Cash and bank balances 0 0

b) Short term investments 0 0

c) Inventories 3,594,078 2,413,109

d) Accounts receivable 2,728,496 2,553,134

e) Other current assets not listed in (a to f) 0 0

f) Total Current Assets 6,322,574 4,966,243

8 CURRENT LIABILITIES

a) Bank overdraft 4,795,323 3,393,491

b) Short term borrowings 0 0

c) Payables and accruals 2,322,283 2,637,551

d) Provision for dividend payable 0 0

e) Provision for income tax 22,730 439,198

f) Other current liabilities not listed in (a to e) 0 0

g) Total Current Liabilities 7,140,836 6,470,240

NON CURRENT LIABILITIES

a) Payroll and accruals 0 0

b) Borrowings 23,200,000 18,700,000

c) Deferred tax 15,146,465 13,391,937

d) Other non current liabilities not listed in (a to c) 0 0

e) Total Non Current Liabilities 38,346,465 32,091,937

9 FIXED ASSETS

a) System fixed assets 121,531,842 115,932,633

b) Consumer billing and information system assets 0 0

c) Motor Vehicles 226,535 214,019

d) Office Equipment 820,571 751,081

e) Land & Buildings 2,317,305 2,114,880

f) Capital works under construction 3,086,387 1,879,400

g) Other fixed assets not listed in (a) to (f) 0 0

h) Total Fixed Assets 127,982,640 120,892,013

i) Other tangible assets not listed above 0 0

Total Tangible Assets 134,305,214 125,858,256