β¨ 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 |
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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, Current Liabilities, Trade Creditors, Interest Payable, Long Term Debt, Related Party Transactions, Trans Power New Zealand Limited