New Zealand Gazette – 2008 – No. 39

Page 901

✨ Financial Statement

VECTOR LIMITED

ELECTRICITY LINES BUSINESS

STATEMENT OF FINANCIAL POSITION

AS AT 31 MARCH 2007

| | NOTE | 2007
| | | $000 | 2006
| | | | $000 |
|----------------------------|------|-------|-------|
| CURRENT ASSETS | | | |
| Cash and bank balances | | - | - |
| Short-term investments | | - | - |
| Inventories | | - | - |
| Accounts receivable | 10 | 67,343| 56,682|
| Other current assets | 9 | 2,557 | 3,371 |
| Total current assets | | 69,900| 60,053|

| NON-CURRENT ASSETS | | | |
| Total fixed assets (property, plant and equipment)| 11 | 2,602,372 | 2,535,630|
| Other tangible assets | 9 | 15,257 | 15,719 |
| Total non-current assets| | 2,617,629 | 2,551,349|
| Total tangible assets | | 2,687,529 | 2,611,402|

| INTANGIBLE ASSETS | | | |
| Goodwill | 12 | 469,226| 499,470|
| Other intangible assets | | - | - |
| Total intangible assets| | 469,226| 499,470|
| Total assets | | 3,156,755 | 3,110,872|

| CURRENT LIABILITIES | | | |
| Bank overdraft | | - | - |
| Short-term borrowings | 15 | 23,049| 22,744|
| Payables and accruals | 13 | 115,181| 85,478|
| Provision for dividends payable| | - | - |
| Provision for income tax | | 28,375| 29,256|
| Other current liabilities | 14 | 238 | 832 |
| Total current liabilities| | 166,843| 138,310|

| NON-CURRENT LIABILITIES| | | |
| Payables and accruals | 13 | 451 | 507 |
| Borrowings | 15 | 1,824,387| 1,824,387|
| Deferred tax | 5 | 290,187| 267,665|
| Other non-current liabilities| 14 | 73 | 315 |
| Total non-current liabilities| | 2,115,098| 2,092,874|
| Total liabilities | | 2,281,941| 2,231,184|

| EQUITY | | | |
| Share capital (notional) | 7 | - | - |
| Retained earnings | | (120,543)| (115,669)|
| Reserves (asset revaluation)| 8 | 995,357| 995,357|
| Total shareholders' equity (notional)| | 874,814| 879,688|
| Minority interests in subsidiaries| | - | - |
| Total equity | | 874,814| 879,688|
| Capital notes | | - | - |
| Total capital funds | | 874,814| 879,688|

Total equity and liabilities | | 3,156,755 | 3,110,872|

VUW Te Waharoa — NZ Gazette 2008, No 39

Gazette.govt.nz — NZ Gazette 2008, No 39

The Executive Wing of Parliament (depicted) is universally known as The Beehive. It was completed in 1977 and remains the primary office for the elected Government of the day.

✨ LLM interpretation of page content

🏭 Certification of Financial Statements and Performance Measures for Vector Limited (continued from previous page)

Domain🏭 Trade, Customs & Industry
Dated13 February 2008
KeywordsFinancial Certification, Performance Measures, Vector Limited, Electricity Information Disclosure Requirements 2004

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