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New Zealand Gazette – 1996 – No. 104

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✨ Financial Statements

4 SEPTEMBER NEW ZEALAND GAZETTE

2683

Notes to and Forming Part of the Financial Statements

For the Year Ended 31 March 1996

7 INVESTMENTS IN SUBSIDIARIES

Taranaki Energy Limited (formerly known as Taranaki Energy Investments Limited) is a wholly owned subsidiary with paid up capital of $100. Taranaki Energy Limited holds share investments and does not trade.

8 INVESTMENTS IN ASSOCIATES

	1996	1995
	$000	$000
- at cost	590	525
- equity share of profits	37	-
	$627	$525

Shares in associate companies include Energy Brokers New Zealand Limited (36%) and Powerco Appliances Limited (50%).

9 INVESTMENTS

Investments	1996	1995
	$000	$000
Energy Brokers New Zealand Limited (at cost)	-	60
SOE Bonds	-	2,111
NZ Government Stock	-	3,653
Countrywide Bonds	-	987
Trustpower Limited (at cost)	1,780	1,682
Counties Investments Limited (at cost)	132	132
Taranaki Bottled Gas Company Limited (at cost)	55	55
CentralPower Limited (at cost)	17,618	-
	$19,585	$8,680

The market value of the investment in CentralPower Limited as at 31 March 1996 is $18,158,610 based on a share price of $2.66 per share.

The market value of the investment in Trustpower Limited as at 31 March 1996 is $3,244,428 based on a share price of $1.98 per share.

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VUW Te Waharoa — NZ Gazette 1996, No 104

NZLII — NZ Gazette 1996, No 104

The Executive Wing of Parliament (depicted) is universally known as The Beehive. It was completed in 1977 and remains the primary office for the elected Government of the day.

✨ LLM interpretation of page content

🏭 Powerco Limited Statement of Movements in Equity (continued from previous page)

Domain🏭 Trade, Customs & Industry
KeywordsFinancial Statement, Fixed Assets, Depreciation, Capital Value

🏭 Notes to and Forming Part of the Financial Statements for the Year Ended 31 March 1996

Domain🏭 Trade, Customs & Industry
KeywordsFinancial Statements, Investments, Subsidiaries, Associates

🏭 Investments in Subsidiaries

Domain🏭 Trade, Customs & Industry
KeywordsInvestments, Subsidiaries, Taranaki Energy Limited

🏭 Investments in Associates

Domain🏭 Trade, Customs & Industry
KeywordsInvestments, Associates, Energy Brokers New Zealand Limited, Powerco Appliances Limited

🏭 Investments

Domain🏭 Trade, Customs & Industry
KeywordsInvestments, Energy Brokers New Zealand Limited, SOE Bonds, NZ Government Stock, Countrywide Bonds, Trustpower Limited, Counties Investments Limited, Taranaki Bottled Gas Company Limited, CentralPower Limited

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