β¨ Financial Statements
4558 NEW ZEALAND GAZETTE No. 173
TRANS POWER NEW ZEALAND LIMITED GROUP
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 1996
- CURRENT ASSETS (cont.)
Related Party Transactions
Included in trade receivables:
| 30 June 1996 | 30 June 1995 | |
|---|---|---|
| $000 | $000 | |
| ECNZ Group | 11,402 | 12,473 |
| Contact Energy | 1,693 | - |
| Total | 13,095 | 12,473 |
- INVESTMENTS
| 30 June 1996 | 30 June 1995 | |
|---|---|---|
| $000 | $000 | |
| Investment in associate company | 3,860 | 2,791 |
| Shares in listed companies | 9 | 9 |
| Total Investments | 3,869 | 2,800 |
Investment in associate company comprises:
| 30 June 1996 | 30 June 1995 | |
|---|---|---|
| $000 | $000 | |
| Ordinary shares at cost | 668 | 301 |
| Share of post acquisition losses for the year | (498) | - |
| 170 | 301 | |
| Advances to associate company | 3,690 | 2,490 |
| 3,860 | 2,791 |
For the year ended 30 June 1996, there is no tax expense/benefit recognised in the financial statements of the associate company, the Electricity Market Company Limited (EMCO). No dividends have been received from EMCO.
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VUW Te Waharoa —
NZ Gazette 1996, No 173
NZLII —
NZ Gazette 1996, No 173
β¨ LLM interpretation of page content
π
Notes to the Financial Statements for Trans Power New Zealand Limited
(continued from previous page)
π Trade, Customs & Industry5 November 1996
Financial Statements, Related Party Transactions, Investments, Trade Receivables, Associate Company, Trans Power New Zealand Limited