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New Zealand Gazette – 1996 – No. 133

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✨ Electricity Financial Statements

30 SEPTEMBER NEW ZEALAND GAZETTE 3253

TOP ENERGY LIMITED

SPECIAL PURPOSE FINANCIAL STATEMENTS

NOTES TO THE SPECIAL PURPOSE FINANCIAL STATEMENTS

FOR THE 12 MONTHS ENDED 31 MARCH 1996

ROMALPA CLAUSE

The Company has trade creditors who supplied goods subject to romalpa clauses as at 31 March 1996.

SUBSEQUENT EVENTS

As from 1 April 1996, the Company (Energy Business) has entered into an underwriting agreement with the related company, PowerBuy Group Limited, to the maximum of $2,519,174 for 5 years.

SUBSIDIARY COMPANY

The Company holds 100% of the shares of Far North Electricity Limited. This subsidiary company is non-trading with capital of 100 $1.00 unpaid shares. It has a balance date of 31 March and was originally set up to protect its name from use by others. Far North Electricity Limited has had no transactions in the past and has no assets or liabilities.

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VUW Te Waharoa — NZ Gazette 1996, No 133

NZLII — NZ Gazette 1996, No 133

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

🏭 Electricity Information Disclosure for Top Energy Limited (continued from previous page)

Domain🏭 Trade, Customs & Industry
KeywordsElectricity, Financial Statements, Segment Information, Capital Expenditure, Debt Restructuring, Contingent Liabilities, Top Energy Limited, Romalpa Clause, Underwriting Agreement, Subsidiary Company

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