New Zealand Gazette – 2008 – No. 50

Page 1425

✨ Financial Statement Disclosures



Note 21 Other Required Financial Statement Disclosures

para 2007 2006
$ $

Current assets

  1. (a) Cash and bank balances: | 205 | 28,333 |
    (b) Short-term investments: | 0 | 0 |
    (c) Inventories: | 0 | 0 |
    (d) Accounts receivable: | 2,388,771 | 2,493,905 |
    (e) Other current assets not listed in (a) to (d): |
    (f) Total current assets | 2,388,976 | 2,522,244 |

Fixed assets

  1. (a) System fixed assets: | 137,467,987 | 104,895,197 |
    (b) Consumer billing and information system assets: | 491,431 | 547,015 |
    (c) Motor vehicles: | 87,180 | 92,468 |
    (d) Office equipment: | 54,915 | 52,083 |
    (e) Land and buildings (Excluding Sub-Station Land & Buildings classified as Network System Fixed Assets): |
    (f) Capital works under construction: | 1,095,037 | 1,414,169 |
    (g) Other fixed assets not listed in (a) to (f): |
    (h) Total fixed assets | 139,196,550 | 107,000,933 |

  2. Other tangible assets not listed above | 0 | 0 |

Total tangible assets

  1. Total tangible assets | 141,585,526 | 109,523,177 |

Intangible assets

  1. (a) Goodwill: | 0 | 0 |
    (b) Other intangibles not listed in (a) above: |
    (c) Total intangible assets | 0 | 0 |

Total assets

  1. Total assets | 141,585,526 | 109,523,177 |

Current liabilities

  1. (a) Bank overdraft: | 6,101 | 0 |
    (b) Short-term borrowings: | 7,500,000 | 1,671,429 |
    (c) Payables and accruals: | 3,903,073 | 1,476,880 |
    (d) Provision for dividends payable: | 0 | 0 |
    (e) Provision for income tax: | 1,698,504 | 1,450,807 |
    (f) Other current liabilities not listed in (a) to (e) above: | 4,489,607 |
    (g) Total current liabilities | 17,597,285 | 11,388,108 |

Non-current liabilities

  1. (a) Payables and accruals: | 0 | 0 |
    (b) Borrowings: | 5,000,000 | 7,285,714 |
    (c) Deferred tax: | 5,497,377 | 5,227,312 |
    (d) Other non-current liabilities not listed in (a) to (c) above: |
    (e) Total non-current liabilities | 10,497,377 | 12,513,026 |

Equity

  1. (a) Shareholders' equity: |
    (i) Share capital: | 23,217,980 | 23,217,980 |
    (ii) Retained earnings: | -2,957,896 | -97,533 |
    (iii) Reserves: | 93,230,790 | 62,501,596 |
    (iv) Total Shareholders' equity: | 113,490,864 | 85,622,043 |
    (b) Minority interests in subsidiaries:|
    (c) Total equity: | 113,490,864 | 85,622,043 |
    (d) Capital notes: |
    (e) Total capital funds: | 113,490,864 | 85,622,043 |

Total equity and liabilities

  1. Total equity and liabilities | 141,585,526 | 109,523,177 |


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Online Sources for this page:

VUW Te Waharoa — PDF NZ Gazette 2008, No 50


Gazette.govt.nz — PDF NZ Gazette 2008, No 50




✨ LLM interpretation of page content

🏭 Notes to Financial Statements of Top Energy Limited (continued from previous page)

🏭 Trade, Customs & Industry
Financial statements, Other Required Financial Statement Disclosures, Current assets, Fixed assets, Intangible assets, Current liabilities, Non-current liabilities, Equity, Total assets, Total liabilities