Financial Statements Notes




2782 NEW ZEALAND GAZETTE No. 91

TRUSTPOWER LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 1995

NOTE 1: STATEMENT OF ACCOUNTING POLICIES (continued)

Concentration of Credit Risk

The company does not have any significant concentrations of credit risk.

Cash and short term investments are placed with high credit quality financial institutions and limits are applied to the amount of credit exposure to any one financial institution.

Trade receivable credit risk is limited due to the large number of customers included in the group’s customer base.

Changes in Accounting Policies

There have been no changes in the accounting policies.



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🏭 TrustPower Limited Financial Performance Statements (continued from previous page)

🏭 Trade, Customs & Industry
Financial Performance, Revenue, Income Tax, Retained Earnings, Dividends, TrustPower