✨ Financial Notes




3130 NEW ZEALAND GAZETTE No. 133

Note 11 Contingent Liabilities

As at 31 March 1997 there are no material Contingent Liabilities (1996 nil)

Note 12 Capital Commitments

As at 31 March 1997 there are no Capital Commitments (1996 $37,046).

Note 13 Company Reregistration

Since balance date the company has re-registered under the Companies Act 1993.

Note 14 Operating Leases

Lease commitments in aggregate as at 31 March 1997 are classified in the following period:

1997 $ 1996 $
Up to one year 93,173 84,973
Up to two years 87,895 80,750
Two to Five years 163,805 216,777
Five years and over - 12,403

Note 14 Capital Contributions

There were capital contributions of $3,050 (1996 $33,535) for the accounting period. They are recognised when received.

Note 15 Related Party Transactions

Mr J.L. Armstrong, a Director of CHB Power Holdings Limited is a partner of a legal firm which provided services to the Company. The total legal fees in respect of that legal firm were $4,850 (1996 $8,612)

In addition, Mr G.A.J. Knobloch, a Director of CHB Power Holdings Limited provided accounting services to the Company. The total legal fees in respect of Mr Knobloch's accounting practice were $3,430 (1996 $11,934).

There were no other related party transactions.



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✨ LLM interpretation of page content

πŸ’° Contingent Liabilities

πŸ’° Finance & Revenue
Contingent Liabilities, Financial Notes, Nil Liabilities

πŸ’° Capital Commitments

πŸ’° Finance & Revenue
Capital Commitments, Financial Notes, Nil Commitments

πŸ’° Company Reregistration

πŸ’° Finance & Revenue
Company Reregistration, Companies Act 1993

πŸ’° Operating Leases

πŸ’° Finance & Revenue
Operating Leases, Financial Commitments, Lease Periods

πŸ’° Capital Contributions

πŸ’° Finance & Revenue
Capital Contributions, Financial Notes, Recognized Revenue

πŸ’° Related Party Transactions

πŸ’° Finance & Revenue
Related Party Transactions, Legal Fees, Accounting Services
  • J.L. Armstrong (Mr), Director providing legal services
  • G.A.J. Knobloch (Mr), Director providing accounting services