✨ Financial Statements
Eastland Network Limited – Electricity Lines Business
Statement of Financial Position
As at 31 March 2007
| Note | | 2007
| | | $'000 |
|--------------|----------------|-------|
| | 2006 | $'000 |
Current Assets
Cash | | 2,057 | 2,682 |
Receivables and prepayments | 10 | 2,503 | 2,552 |
Total Current Assets | | 4,560 | 5,234 |
Non current Assets
Property, plant and equipment | 9 | 99,892 | 97,837 |
Total Non Current Assets | | 99,892 | 97,837 |
Total Assets | | 104,452| 103,071|
Current Liabilities
Payable and accruals | 11 | 4,966 | 4,979 |
Total Current Liabilities | | 4,966 | 4,979 |
Non Current Liabilities
Intercompany borrowings | 12 | 34,800 | 34,100 |
Deferred Taxation | 6 | 4,338 | 3,282 |
Capital Notes | 17 | 10,000 | 10,000 |
Total Non Current Liabilities | | 49,138 | 47,382 |
Total Liabilities | | 54,104 | 52,361 |
Net Assets | | 50,348 | 50,710 |
Total Equity | 7 | 50,348 | 50,710 |
These financial statements should be read in conjunction with the Statement of Significant Accounting Policies and Notes to the Financial Statements
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Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 2008, No 55
Gazette.govt.nz —
NZ Gazette 2008, No 55
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Eastland Network Limited – Electricity Lines Business
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