β¨ Financial Statements Notes
26 NOVEMBER NEW ZEALAND GAZETTE 3927
TRANSPOWER NEW ZEALAND LIMITED GROUP
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 1997
21. SUBSIDIARY AND ASSOCIATE COMPANIES
As at balance date the subsidiary and associate companies of Transpower are as follows:
| Subsidiaries | Holding |
|---|---|
| Fighting Bay Finance Limited | 100% |
| Haywards Limited | 100% |
| Oteranga Bay Limited | 100% |
| Hororata Enterprises Limited | 100% |
| Whakamaru Holdings Limited | 100% |
| Transpower Finance Limited | 100% |
| Transpower Land Holdings Limited (non-trading) | 100% |
| Omakau Training Limited (non-trading) | 100% |
Associate Company
| Associate Company | Holding |
|---|---|
| Electricity Market Company and subsidiaries | 33% |
All subsidiaries are direct subsidiaries of Transpower except for Oteranga Bay Limited and Haywards Limited which are wholly owned by Fighting Bay Finance Limited.
The principal activity of all the trading subsidiaries is financing. The principal activity for the associate company is the provision of services to the participants in the wholesale electricity market. The balance date for the associate and subsidiary companies is the same for all companies in the Group.
Next Page →
PDF embedding disabled (Crown copyright)
View this page online at:
VUW Te Waharoa —
NZ Gazette 1997, No 165
NZLII —
NZ Gazette 1997, No 165
β¨ LLM interpretation of page content
π
Notes to the Financial Statements
(continued from previous page)
π Trade, Customs & IndustryFinancial Instruments, Fair Value, Cross Currency Interest Rate Swaps, Foreign Exchange Forward Contracts, Interest Rate Swaps, Forward Rate Agreements, Interest Rate Options, Foreign Currency Options, Subsidiary Companies, Associate Companies, Transpower New Zealand Limited