✨ Financial Statements
NEW ZEALAND GAZETTE, No. 182
9 DECEMBER 2009
Statement of Financial Position
As at 30 June 2009
| Note | Distribution 2009 $\ | Distribution 2008 $\ | Retail 2009 $\ | Retail 2008 $\ |
|---|---|---|---|---|
| CURRENT ASSETS | ||||
| General bank account | 43,375 | 578,719 | 204,834 | (602,496) |
| Accounts receivable | 643,341 | 541,776 | 2,941,794 | 3,275,088 |
| Inventories | 192,173 | 169,294 | - | - |
| Provisional tax | - | 321,207 | - | (219,907) |
| Total current assets | 878,888 | 1,610,996 | 3,146,628 | 2,452,685 |
| NON CURRENT ASSETS | | | | |
| Intangible assets | 37,005 | 41,637 | 1,180,455 | 838,194 |
| Property, plant and equipment | 24,216,116 | 24,498,139 | 79,337 | 75,372 |
| Investments | - | 27,501 | - | 27,500 |
| Total non-current assets | 24,253,121 | 24,567,277 | 1,259,792 | 941,066 |
| TOTAL ASSETS | 25,132,009 | 26,178,273 | 4,406,450 | 3,393,751 |
| EQUITY | | | | |
| Share capital | 5,264,435 | 5,264,435 | 199,835 | 199,835 |
| Retained earnings | 10,278,978 | 8,420,966 | (8,289,528) | (2,046,400) |
| Fair value through equity reserve | 112 | 112 | 100 | 100 |
| Asset revaluation reserve | 1,119,554 | 1,119,554 | - | - |
| Total equity | 16,663,079 | 14,805,067 | (8,089,593) | (1,846,465)|
| CURRENT LIABILITIES | | | | |
| Accounts payable & accruals | 343,746 | 306,495 | 4,211,655 | 2,922,376 |
| Provision for employee entitlements | 62,465 | 61,297 | 128,104 | 64,303 |
| Consumer deposits | - | - | 54,706 | 108,290 |
| Current finance lease | - | - | 2,666 | 3,183 |
| Taxation payable | - | 2,666 | - | - |
| Provision for dividend| - | - | - | - |
| Total current liabilities | 406,211 | 370,457 | 4,394,464 | 3,098,152 |
| NON CURRENT LIABILITIES | | | | |
| Net loans from related parties | 3,075,896 | 5,691,541 | 9,016,627 | 2,412,068 |
| Non-current finance lease | 4,985,823 | - | - | 4,244 |
| Deferred tax | - | 5,107,653 | (915,048) | (274,186) |
| Total non-current liabilities | 8,062,719| 10,802,749 | 8,101,579 | 2,142,064 |
| TOTAL LIABILITIES & EQUITY | 25,132,009 | 26,178,273 | 4,406,450 | 3,393,751 |
The accompanying notes and accounting policies form part of these financial statements.
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NZ Gazette 2009, No 182
✨ LLM interpretation of page content
💰 Statement of Financial Position as at 30 June 2009
💰 Finance & RevenueFinancial Statements, Assets, Liabilities, Equity, Distribution, Retail