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New Zealand Gazette – 1995 – No. 86

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✨ Financial Statements Notes

25 AUGUST NEW ZEALAND GAZETTE 2497

HAWKE'S BAY POWER DISTRIBUTION LIMITED AND SUBSIDIARY

NOTES TO AND FORMING PART OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 1995 (Continued)

6. RECEIVABLES

	Lines Business $'000	Other Businesses $'000
Trade Debtors	3,434	5,259
Provision for Doubtful Debtors	(60)	(92)
	3,374	5,167
Prepayments	54	-
	3,428	5,167

7. LONG TERM LIABILITIES

Due for Repayment	Lines Business $'000
1995/1996	-
1996	5,000 (Secured)
1997/98	100 (Unsecured)
2003	1,000 (Unsecured)
	6,100

Interest rates on loans range from 6.0% to 10.5%.

8. COMMITMENTS & CONTINGENT LIABILITIES

There were no significant contracted commitments nor any contingent liabilities existing at balance date.

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VUW Te Waharoa — NZ Gazette 1995, No 86

NZLII — NZ Gazette 1995, No 86

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✨ LLM interpretation of page content

🏭 Notes to Financial Statements for Hawkes Bay Power Distribution Limited (continued from previous page)

Domain🏭 Trade, Customs & Industry
Dated10 August 1995
KeywordsFinancial Statements, Accounting Policies, Electricity Regulations, Hawkes Bay Power

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