✨ Financial Statements Notes
NEW ZEALAND GAZETTE
1 SEPTEMBER
2789
TRUSTPOWER LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 1995
NOTE 14 : OPERATING LEASES
ANALYSIS OF NON-CANCELLABLE OPERATING LEASE COMMITMENTS:
NOT LATER THAN ONE YEAR
| LINE | ENERGY |
|---|---|
| $'000 | $'000 |
| - | 50 |
BETWEEN ONE AND TWO YEARS
| LINE | ENERGY |
|---|---|
| $'000 | $'000 |
| - | 50 |
BETWEEN TWO AND FIVE YEARS
| LINE | ENERGY |
|---|---|
| $'000 | $'000 |
| - | 125 |
LATER THAN FIVE YEARS
| LINE | ENERGY |
|---|---|
| $'000 | $'000 |
| - | 225 |
NOTE 15 : CAPITAL COMMITMENTS
ESTIMATED CAPITAL EXPENDITURE CONTRACTED FOR AT BALANCE DATE BUT NOT PROVIDED FOR:
| LINE | ENERGY |
|---|---|
| $'000 | $'000 |
| 783 | 263 |
NOTE 16 : CONTINGENT LIABILITIES
THE FOLLOWING CONTINGENT LIABILITIES HAVE NOT BEEN PROVIDED FOR IN THE FINANCIAL STATEMENTS:
(i) PENDING LITIGATION
AN APPLICATION HAS BEEN MADE TO THE HIGH COURT FOR A DECLARATORY JUDGEMENT IN RESPECT OF THE DEED THAT GOVERNS THE OPERATION OF THE KAIMAI HYDROPOWER SCHEME. IT IS NOT BELIEVED THAT THE OUTCOME OF THE CASE WILL RESULT IN ANY MATERIAL CHANGE TO THE RIGHTS AND OBLIGATIONS OF TRUSTPOWER LIMITED UNDER THE DEED.
(ii) WAITANGI TRIBUNAL CLAIM
THE WAIROA RIVER AND CATCHMENT AREA IN WHICH KAIMAI HYDROPOWER OPERATES ARE THE SUBJECT OF A CLAIM AGAINST THE CROWN TO BE HEARD BY THE WAITANGI TRIBUNAL. THE LIKELY EFFECT OF THE OUTCOME OF THESE CLAIMS IS NOT ABLE TO BE QUANTIFIED.
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VUW Te Waharoa —
NZ Gazette 1995, No 91
NZLII —
NZ Gazette 1995, No 91
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TrustPower Limited Financial Performance Statements
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🏭 Trade, Customs & IndustryFinancial Performance, Operating Leases, Capital Commitments, Contingent Liabilities, TrustPower