✨ Financial Statements Notes




4668 NEW ZEALAND GAZETTE No. 178

THE POWER COMPANY LIMITED

LINE & ENERGY BUSINESS

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 1996

4.0 COMMITMENTS

At 31 March 1996, the groups external commitments are estimated at $2,189,000, being a GIS Mapping System.

5.0 CONTINGENT LIABILITIES

There were no contingent liabilities at 31 March 1996.

6.0 UNITED ELECTRICITY LIMITED

The Power Company's 25% interest in United Electricity Limited is $2,617,494.00. Being an exclusively Energy Trading activity, this amount is excluded from these accounts.



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✨ LLM interpretation of page content

πŸ’° Statement of Accounting Policies for The Power Company Limited (continued from previous page)

πŸ’° Finance & Revenue
Accounting Policies, Costs and Revenue, Fixed Assets, Capital Expenditure, Depreciation, Receivables, Income Tax, Work in Progress, Goods and Services Tax, Commitments, Contingent Liabilities, Energy Trading