✨ Financial Statements
29 NOVEMBER 2010 NEW ZEALAND GAZETTE, No. 159 3991
TRANSPOWER NEW ZEALAND LIMITED LINES BUSINESS
BALANCE SHEET
AS AT 30 JUNE 2010
| LINES BUSINESS | ||
|---|---|---|
| 2010 | 2009 | |
| $000 | $000 |
ASSETS EMPLOYED
Current assets
Cash and cash equivalents | 20,389 | 36,402 |
Trade and other receivables | 8 | 61,663 | 57,798 |
Current tax asset | 5,202 | - |
Investments | 11 | 680 | 23,572 |
Derivatives in gain | 11 | - | 1,660 |
Other financial assets | 11 | 29,515 | - |
Non current assets held for sale | 9 | 33,844 | - |
Inventories | 12 | 10,688 | 6,763 |
| | |
Total current assets | | 161,981 | 126,195 |
Non current assets
Trade and other receivables | | 9,410 | 656 |
Other financial assets | 13 | 3,944 | 3,609 |
Derivatives in gain | 13 | 107,129 | 119,923 |
Capital work in progress | 14 | 474,561 | 439,816 |
Property, plant and equipment | 14 | 2,474,609 | 2,220,103 |
Intangibles | 15 | 120,904 | 46,535 |
| | |
Total non current assets | | 3,190,557 | 2,830,642 |
TOTAL ASSETS EMPLOYED | | 3,352,538| 2,956,837|
FUNDS EMPLOYED
Current liabilities
Trade and other payables | 16 | 88,150 | 76,656 |
Current tax liability | | - | 13,788 |
Current debt | 17 | 151,101 | 165,535 |
Derivatives in loss | 17 | 76,782 | 3,265 |
Other financial liabilities | 17 | - | 269 |
Deferred income | 3 | 34,389 | 32,863 |
Provisions | 18 | 9,974 | 10,417 |
| | |
Total current liabilities | | 360,396 | 302,793 |
Non current liabilities
Non current payables | | 2,485 | 2,723 |
Finance lease liabilities | 19 | 1,169 | 1,419 |
Derivatives in loss | 17 | 59,559 | 13,153 |
Non current debt | 20 | 1,421,288 | 1,153,119 |
Deferred tax | 21 | 154,353 | 158,727 |
Provisions | 18 | 10,162 | 11,522 |
| | |
Total non current liabilities | | 1,649,016 | 1,340,663 |
Total liabilities | | 2,009,412| 1,643,456|
Equity
Capital | 22 | 1,200,000 | 1,200,000 |
Available for sale financial assets reserve | 22 | (851) | (851) |
Accumulated surplus/(deficit) | 22 | 143,977 | 114,232 |
Non controlling interest | | - | - |
Total equity | | 1,343,126| 1,313,381|
TOTAL FUNDS EMPLOYED | | 3,352,538| 2,956,837|
The Board of Directors of Transpower New Zealand Limited authorised these Financial Statements for issue on 19 November 2010. For, and on behalf of, the Board
Ian Donald
DIRECTOR
Dr Don Brash
DIRECTOR
These statements are to be read in conjunction with the accompanying notes.
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NZ Gazette 2010, No 159
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Transpower New Zealand Limited Financial Statements
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🏭 Trade, Customs & Industry19 November 2010
Financial statements, Revenue, Expenditure, Profit, Loss, Transpower
- Ian Donald, Director
- Dr Don Brash, Director