New Zealand Gazette – 1995 – No. 108

Page 3456

✨ Financial Accounts

3456 NEW ZEALAND GAZETTE No. 108

Wairarapa Electricity Limited and Subsidiary Companies

Notes to the Accounts (continued)

13. Share Premium Reserve

	Parent and consolidated	Line business	Energy and other business
	1995	1995	1995
	$000s	$000s	$000s
Balance at beginning of period	-	-	-
Movement
Issue of 1,600,000 shares at a premium of 45 cents per share	720	615	105

Balance at end of period | 720 | 615 | 105 |

14. Capital Commitments – Energy and other business

As at 31 March 1995, there was $400,000 (1994 Nil) of capital expenditure contracted for but not provided for in the financial statements. These commitments relate to the purchase of land intended for use in the hydro dam project. (Refer Note 19).

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VUW Te Waharoa — NZ Gazette 1995, No 108

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💰 Notes to the Accounts of Wairarapa Electricity Limited and Subsidiary Companies (continued from previous page)

Domain💰 Finance & Revenue
KeywordsFinancial Accounts, Share Premium Reserve, Capital Commitments, Wairarapa Electricity

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