✨ Financial Statements




8 SEPTEMBER NEW ZEALAND GAZETTE 3047

Wairoa Power Limited - Lines Business

NOTES TO AND FORMING PART OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 1995 continued

12. RECEIVABLES AND PREPAYMENTS

1995 1994
Trade Debtors 531,233 630,272
Other Receivables 701,481 380,939
Prepayments 8,650 2,769
1,241,364 1,013,980

13. INVENTORIES

| Line & General Inventories | 290,781 | 293,259 |

16. CONTINGENT LIABILITIES

The Company has no contingent liabilities.

17. COMMITMENTS

Capital Commitments

The Company has no capital commitments at balance date.

Operating lease commitments

The company has no non-cancellable operating leases.

18. TRANSACTIONS WITH RELATED PARTIES

Wairoa Power Limited paid rates to Wairoa District Council, a significant shareholder.
The rates were charged on normal terms and conditions.

No related party debts have been written off or forgiven during the year.



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✨ LLM interpretation of page content

🏭 Notes to Financial Statements for Wairoa Power Limited (continued from previous page)

🏭 Trade, Customs & Industry
Accounting Policies, Financial Statements, Line Business, Wairoa Power Limited, Fixed Assets, Investments