β¨ Financial Statements and Audit Report
Wairoa Power Limited - Other Businesses
NOTES TO AND FORMING PART OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 1996 continued
15. 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.
Sales of energy and contracting services were made to both Wairoa District Council (and its subsidiaries) and Wairoa Electric Power Trust. These sales have occurred only as a result of normal customer relationships. The level of such transactions are not considered material to these financial statements.
No related party debts have been written off or forgiven during the year.
--11--
REPORT OF THE AUDIT OFFICE
We have examined the attached financial statements prepared by Wairoa Power Limited Other Businesses dated 6 September 1996 for the purposes of Regulation 6 of the Electricity (Information Disclosure) Regulations 1994.
We hereby certify that, having made all reasonable enquiry, to the best of our knowledge, those financial statements give a true and fair view of the matters to which they relate and have been prepared in accordance with the requirements of the Electricity (Information Disclosure) Regulations 1994.
Chris Dixon
Audit New Zealand
On behalf of the Controller and Auditor-General
6 September 1996
Auckland, New Zealand
NEW ZEALAND GAZETTE
1 OCTOBER
3281
Next Page →
PDF embedding disabled (Crown copyright)
View this page online at:
VUW Te Waharoa —
NZ Gazette 1996, No 136
NZLII —
NZ Gazette 1996, No 136
β¨ LLM interpretation of page content
π
Notes to Financial Statements for Wairoa Power Limited - Other Businesses
(continued from previous page)
π Trade, Customs & IndustryFinancial Statements, Related Parties, Transactions, Wairoa Power Limited, Wairoa District Council, Wairoa Electric Power Trust
π Audit Report for Wairoa Power Limited Financial Statements
π Trade, Customs & Industry6 September 1996
Audit Report, Financial Statements, Electricity Regulations, Controller and Auditor-General
- Chris Dixon, Audit New Zealand, On behalf of the Controller and Auditor-General