New Zealand Gazette – 1996 – No. 165

Page 4337

✨ Financial Statements Continuation

12 NOVEMBER
NEW ZEALAND GAZETTE
4337

WEL ENERGY GROUP LIMITED

9 Contingencies

A contingency could arise for the difference between market and hedged energy prices should surplus energy units have to be sold on the spot market. It is not possible to quantify the value of this contingency in the unlikely event that it should arise.

10 Contingencies

There are no capital commitments in the line business (1995 nil) or the energy business (1995 nil).

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VUW Te Waharoa — NZ Gazette 1996, No 165

NZLII — NZ Gazette 1996, No 165

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

🏭 Notes to the Financial Statements for WEL Energy Group Limited (continued from previous page)

Domain🏭 Trade, Customs & Industry
KeywordsFinancial Statements, Contingencies, Energy Prices, Capital Commitments

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