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New Zealand Gazette – 1995 – No. 139

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✨ Financial Statements

4546 No. 139

NEW ZEALAND GAZETTE

TRANS POWER NEW ZEALAND LIMITED GROUP

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 1995

9. CURRENT ASSETS

	30 June 1995	30 June 1994
	$000	$000
Cash in bank	7	4,735
Trade receivables	59,591	53,089
Other receivables	2,781	32,084
Stocks of materials	32,129	33,223
Prepayments	3,968	223
Total Current Assets	98,476	123,354

Related Parties' Transactions

Included in Trade receivables:

ECNZ Group | 12,473 | 15,546 |

10. INVESTMENTS

	30 June 1995	30 June 1994
	$000	$000
Investment in associate company	2,791	0
Shares in unlisted company	0	1,500
Shares in listed companies	9	5
Total Investments	2,800	1,505

Investment in associate company comprises:

	30 June 1995
	$000
Ordinary shares at cost	301
Advances to associate company	2,490
	2,791

In accordance with the accounting standard Accounting for Business Combinations (SSAP-8), the equity method of accounting for an associate company has been adopted by Trans Power following the acquisition of a one third shareholding in the Electricity Market Company (EMCO) during June 1995.

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VUW Te Waharoa — NZ Gazette 1995, No 139

NZLII — NZ Gazette 1995, No 139

Parliament House (depicted) was completed in 1918 and remains the primary seat of Parliament.

✨ LLM interpretation of page content

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

Domain🏗️ Infrastructure & Public Works
KeywordsFinancial Statements, Current Assets, Investments, Trade Receivables, Associate Company

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