✨ Financial Statements




5 MARCH 2008 NEW ZEALAND GAZETTE, No. 52 1451

Scanpower Limited

Notes to the Financial Statements (Continued)

For the Year Ended 31 March 2007


Note 4. Receivables and Prepayments

2007 2006
$'000 $'000
Trading debtors 483 501
Estimated doubtful receivables 0 0
GST clearing account 94 64
Miscellaneous prepayments 7 0
Total 584 565

Note 5. Inventories

2007 2006
Network stocks 181 143

Note 6. (i) Current Investments

Short term deposits held with registered banks | 0 | 0

Market fluctuations in interest rates affect the earnings on these investments and the company policy of placing deposits with high credit quality institutions minimises potential credit risk.


Note 6. (ii) Interest Rates

The range of interest rates obtained on investments was as follows:

2007 2006
Short term bank investments 6.7 - 7.64% 6.7 - 7.4%


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Online Sources for this page:

VUW Te Waharoa PDF NZ Gazette 2008, No 52


Gazette.govt.nz PDF NZ Gazette 2008, No 52





✨ LLM interpretation of page content

πŸ’° Scanpower Limited Financial Statements (continued from previous page)

πŸ’° Finance & Revenue
Taxation, Retained Earnings, Reserves, Financial Statements, Scanpower Limited