Financial Statements Notes




3128 NEW ZEALAND GAZETTE No. 100

CAPITAL POWER LIMITED

NOTES (continued)

Line Business Energy Business Total
31-Mar-95 31-Mar-95 31-Mar-95
$(’000) $(’000) $(’000)

16. DEFERRED INCOME TAX

Deferred income Tax 1 April 1994

Transferred to Statement of Financial Performance

Deferred Income Tax 31 March 1995

1,716 (66) 1,650
291 203 494
---------------- --------------- ----------------- -------------
2,007 137 2,144

17. COMMITMENTS

Capital Commitments

| | 0 | 0 | 0 |

Operating Lease Commitments

  • not later than 1 year

| | 0 | 440 | 440 |

  • later than 1 year but not later than 2 years

| | 0 | 368 | 368 |

  • later than 2 years but not later than 5 years

| | 0 | 1,003 | 1,003 |

  • later than 5 years

| | 0 | 754 | 754 |

| | 0 | 2,565 | 2,565 |

18. CONTINGENT LIABILITIES

There exists a contingent liability for the relocation of the Chaffer Street substation before April 2003.

| | 823 | 0 | 823 |



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🌾 Notes to the Financial Statements for Capital Power Limited (continued from previous page)

🌾 Primary Industries & Resources
Deferred Income Tax, Capital Commitments, Operating Lease Commitments, Contingent Liabilities