✨ Financial Statements




THE POWER COMPANY LIMITED LINE BUSINESS

STATEMENT OF FINANCIAL POSITION

AS AT 31 MARCH 2007

Note Group Parent
2007 2006 2007 2006
$000 $000 $000 $000

Equity | (4) | 245,592 | 209,923 | 244,849 | 208,896 |

Represented By:

Current Assets
Receivables and Prepayments | (5) | 2,190 | 3,199 | 1,232 | 1,301 |
Inventories | | 60 | 51 | - | - |

Total Current Assets | | 2,250 | 3,250 | 1,232 | 1,301 |

Non Current Assets
Intercompany Advance | | - | - | 2,181 | 2,325 |
Property, Plant and Equipment| (6) | 247,946 | 207,084 | 246,914 | 206,079 |
Capital Work in Progress | | 9,560 | 6,871 | 9,447 | 6,843 |

Total Non Current Assets | | 257,506 | 213,955 | 258,542 | 215,247 |

Total Assets | | 259,756 | 217,205 | 259,774 | 216,548 |

Current Liabilities
Bank Overdraft | | 4,475 | 2,538 | 8,023 | 5,352 |
Accounts Payable and Provisions | (7) | 5,604 | 4,601 | 2,817 | 2,157 |
Provision for Taxation | | - | - | - | - |
Provision for Dividend | | - | 143 | - | 143 |

Total Current Liabilities| | 10,079 | 7,282 | 10,840 | 7,652 |

Non Current Liabilities
Shareholder Loan | | 4,085 | - | 4,085 | - |

Total Non Current Liabilities | | 4,085 | - | 4,085 | - |

Total Liabilities | | 14,164 | 7,282 | 14,925 | 7,652 |

Net Assets | | 245,592 | 209,923 | 244,849 | 208,896 |

The accompanying notes on pages 6 to 13 form part of and should be read in conjunction with these financial statements.

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Online Sources for this page:

VUW Te Waharoa PDF NZ Gazette 2008, No 43


Gazette.govt.nz PDF NZ Gazette 2008, No 43





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