New Zealand Gazette – 1995 – No. 140

Page 4580

✨ Financial Statements Notes

4580 NEW ZEALAND GAZETTE No. 140

NOTES TO THE FINANCIAL STATEMENTS

1995 1994
$000 $000

IMPUTATION CREDIT ACCOUNT
Opening Balance 163,230 92,002
Plus:
Income Tax Paid 189,100 141,000
Imputation Credit Attached to Dividends Received 1,261 642
Other Credits 2,905 -

Less Imputation Credit Attached to Dividends
Paid to Shareholder - 70,304
Other Debits 240 110
Closing Balance 356,256 163,230

CURRENT LIABILITIES
Amounts Owing to Subsidiary Companies 780 18,127
Trade Creditors 103,033 82,827
Other Creditors 14,190 23,417
Provision for Gas Prepayment 17,000 -
Interest Payable 31,785 65,335
Employee Entitlements 11,721 -
Short Term Loans 106,573 90,017
Current Portion of Term Loans (note 13) 181,955 1,833,613
Income Tax Payable 4,459 39,718
Preference Dividend Payable (note 6) - 437,250
Ordinary Dividend Payable (note 6) 146,557 170,112
Total Current Liabilities 618,053 2,760,416

No security has been given in respect of current liabilities.

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VUW Te Waharoa — NZ Gazette 1995, No 140

NZLII — NZ Gazette 1995, No 140

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✨ LLM interpretation of page content

🏭 Financial Statements of Electricity Corporation of New Zealand Limited (continued from previous page)

Domain🏭 Trade, Customs & Industry
KeywordsElectricity, Financial Statements, Imputation Credit Account, Current Liabilities, Accounting

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