✨ Financial Statements




18 SEPTEMBER NEW ZEALAND GAZETTE 3193

Maximum exposures to credit risk as at balance date are:

As at 31/3/95

Lines Generation Energy Trading
$000 $000 $000
Bank Balances (155) 429
Short Term Deposits 0 265
Receivables 1,235 61

Concentrations of Credit Risk

The Company is not exposed to any concentrations of credit risk.

Credit Facilities

The Company has total term liabilities of $37,660,100 at 31 March 1995 as detailed in Note 8.

Fair Values

The estimated fair values of the financial instruments are as follows:

As at 31/3/95

Lines Generation Energy Trading
$000 $000 $000
Bank Balances:
Carrying Amount (155) 429
Fair Value (155) 429
Short Term Deposits:
Carrying Amount 0 265
Fair Value 0 265
Receivables:
Carrying Amount 1,235 61
Fair Value 1,235 61
Payables:
Carrying Amount 1,281 1,988
Fair Value 1,281 1,988
Term Loans:
Carrying Amount 12,553 25,107
Fair Value 12,553 25,107
Interest Rate Swap:
Carrying Amount 0 0
Fair Value 445 889


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VUW Te Waharoa PDF NZ Gazette 1995, No 101


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✨ LLM interpretation of page content

πŸ’° Notes to the Financial Statements for Egmont Electricity Limited (continued from previous page)

πŸ’° Finance & Revenue
Financial Statements, Credit Risk, Term Liabilities, Fair Values, Egmont Electricity Limited