New Zealand Gazette – 1997 – No. 127

Page 2995

✨ Financial Statements

15 SEPTEMBER NEW ZEALAND GAZETTE 2995

DUNEDIN ELECTRICITY LTD

Ministry of Commerce Financial Accounts 1997

Note 5 : Term Liabilities

Term liabilities for the Line and Contracting Businesses are for employee gratuities that are not payable until after 31 March 1998.

Term liabilities for the Generation Business at 31 March 1997 is a term loan with Dunedin City Treasury Ltd which is secured by a first debenture over Waipori Power Generation Ltd assets.

Note 6 : Commitments

As 31 March 1997, the following expenditure commitments existed:

For the Generating and Contracting Businesses, there were no commitments.
For the Line Business, capital expenditure contracted for was $542,000.

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VUW Te Waharoa — NZ Gazette 1997, No 127

NZLII — NZ Gazette 1997, No 127

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.

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💰 Balance Sheet for Dunedin Electricity Ltd (continued from previous page)

Domain💰 Finance & Revenue
KeywordsBalance Sheet, Financial Statements, Term Liabilities, Commitments, Dunedin Electricity Ltd

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