NZI balance sheet
This table reflecting the effects on NZI Corporation’s capital of the latest half-yearly loss, of $179.6M, was incorrectly printed in "The Press”
yesterday. The parentheses were omitted from the retainedearnings figures. The parentheses indicate deductions.
From the NZI Corporation group balance sheet at September 30, 1988 Half-year Year ended ended ' Sept 30 Mar 31 1988 1987 1988 $OOO $OOO $OOO Shareholders’ funds Authorised capital 2,000,000,000 50c shares 1,000,000 1,000,000 1,000,000 Issued capital 951,783,478 ordinary 50c shares 475,892 355,644 362,807 Loss—unpaid capital 5,222 5,915 5,783 470,670 349,729 £57,024' Reserves Share premium 217,433 280,713 182,329 Capital replacement fund 44,338 37,093 39,714 Revaluation reserve 102,624 55,049 67,901 Retained earnings (318,418) 160,676 (99,338) Total shareholders’ funds 516,647 883,260 547,630 Minority interests 26,939 7,095 23,835 Total capital funds employed 543,586 890,355 571,465
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https://paperspast.natlib.govt.nz/newspapers/CHP19881123.2.165.11
Bibliographic details
Press, 23 November 1988, Page 42
Word Count
130NZI balance sheet Press, 23 November 1988, Page 42
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