Electricity Corporation Financial Statements




4010 No. 167

NEW ZEALAND GAZETTE

Electricity Corporation of New Zealand Limited

Notes to the Financial Statements

24. Memorandum of Understanding (MoU) continued

d) Acquiring energy companies

ECNZ will not acquire any energy company, as defined in section 2 of the Energy Companies Act 1992, or any significant share in an energy company.

25. Industry review

The Crown has initiated a review of the energy industry. It has indicated this is likely to involve further break-up of ECNZ. The outcome of the review may have an impact on ECNZ’s future business activities and its financial affairs.



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🏭 Electricity Corporation Financial Position (continued from previous page)

🏭 Trade, Customs & Industry
Electricity, Financial Statements, Long-term Contracts, Segmental Information, Gas Purchase, Coal Purchase, Memorandum of Understanding, Power Stations, Generating Capacity