✨ Financial Statements Notes




4560 No. 173

NEW ZEALAND GAZETTE

TRANS POWER NEW ZEALAND LIMITED GROUP

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 1996

11. CURRENT LIABILITIES

30 June 1996 30 June 1995
$000 $000
Bank overdraft - 683
Trade creditors 43,475 41,005
Other liabilities 1,035 -
Provisions 218 3,988
Provision for dividend 31,739 32,737
Provision for current tax 19,093 632
Provision for deferred tax 2,969 -
Employee entitlements 5,795 3,683
Interest payable 20,116 9,922
Short term debt 222,219 4,455
Current portion of long term debt 200,000 1,124,309
Current portion of deferred maintenance provision - 3,678
Total Current Liabilities 546,659 1,225,092

Related Party Transactions

Included in trade creditors:

30 June 1996 30 June 1995
ECNZ Group 3,082 8,412
Contact Energy 425 -
BCL 29 48
Works Consultancy Services 1,123 85
4,659 8,545

Included in interest payable:

30 June 1996 30 June 1995
Crown 721 3,965

Included in current portion of long term debt:

30 June 1996 30 June 1995
Crown 200,000 900,000

Page 21



Next Page →

PDF embedding disabled (Crown copyright)

View this page online at:


VUW Te Waharoa PDF NZ Gazette 1996, No 173


NZLII PDF NZ Gazette 1996, No 173





✨ LLM interpretation of page content

🏭 Notes to the Financial Statements for Trans Power New Zealand Limited (continued from previous page)

🏭 Trade, Customs & Industry
5 November 1996
Financial Statements, Current Liabilities, Trade Creditors, Interest Payable, Long Term Debt, Related Party Transactions, Trans Power New Zealand Limited