New Zealand Gazette – 1995 – No. 139

Page 4545

✨ Financial Statements



27 NOVEMBER NEW ZEALAND GAZETTE 4545

TRANS POWER NEW ZEALAND LIMITED GROUP

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 1995

Imputation Credit Memorandum Account

1995 1994 1994
12 months 15 months 12 months
$000 $000 $000

Balance at the beginning of the year | 25,000 | 0 | 0 |
Loss of continuity debit | (25,000) | 0 | 0 |
Tax payments made | 22,812 | 25,000 | 25,000 |
Balance at the end of the year | 22,812 | 25,000 | 25,000 |

The loss of continuity debit arises due to the transfer of shareholdings on 1 July 1994.

8. DIVIDENDS

1995 1994 1994
12 months 15 months 12 months
$000 $000 $000

Interim dividend paid

  • on ordinary shares | 17,977 | 43,033 | 43,033 |
  • on redeemable preference shares | 0 | 86,759 | 69,445 |
    (paid to Power Securities Limited)

Final dividend recommended by Directors

  • on ordinary shares | 32,737 | 0 | 0 |

Total Dividends Paid or Payable | 50,714 | 129,792 | 112,478 |



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✨ LLM interpretation of page content

🏗️ Notes to the Financial Statements for Trans Power New Zealand Limited (continued from previous page)

🏗️ Infrastructure & Public Works
Financial Statements, Taxation, Dividends, Imputation Credit, Shareholdings