New Zealand Gazette – 1996 – No. 142

Page 3436

✨ Financial Statements

3436 NEW ZEALAND GAZETTE No. 142

DUNEDIN ELECTRICITY LTD

Ministry of Commerce Financial Accounts 1996

Note 5 : Term Liabilities

Term liabilities for the Line and Contracting Businesses are for employee gratuities that are not payable until after 31 March 1997.

Term liabilities for the Generation Business at 31 March 1996 is a term loan with Dunedin City Treasury Ltd which is secured by a first debenture over Waipori Power Generation Ltd assets.

Note 6 : Commitments

As 31 March 1996, the following expenditure commitments existed:

For the Generating and Contracting Businesses, there were no commitments.
For the Line Business, capital expenditure contracted for was $429,000.

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VUW Te Waharoa — NZ Gazette 1996, No 142

NZLII — NZ Gazette 1996, No 142

Parliament House (depicted) was completed in 1918 and remains the primary seat of Parliament.

✨ LLM interpretation of page content

💰 Dunedin Electricity Ltd Balance Sheet for the Year Ended 31 March 1996 (continued from previous page)

Domain💰 Finance & Revenue
KeywordsBalance Sheet, Financial Statements, Line Business, Contracting Business, Generation Business, Term Liabilities, Employee Gratuities, Term Loan, Capital Expenditure

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