✨ Financial Transactions and Related Party Dealings




4084

NEW ZEALAND GAZETTE

No. 170

  1. Related Party Transactions

The following transactions occurred during the period with Related Parties:

Distribution $ Retail $
Wanganui District Council (74.9% Shareholder)
Rent 65,514
Information Services Support 4,067
Plant Hire 691
Rates 6,179
Other 2,752
79,203
Natural Gas Corporation (25.1% Shareholder)
Gas Purchases 0
Consultancy Fees 13,377
Franchise Fee 9,935
Other (1996 includes appliance purchases) 8,274
31,586
Treadwell Gordon & Co (G S Swan, consultant)
Legal Advice 17,712

Amounts owed to related parties at Balance Date were :

Distribution $ Retail $
Wanganui District Council 9,266 3,506
Natural Gas Corporation 4,377 577,857
Treadwell Gordon & Co 3,776 1,429

All transactions were conducted on normal commercial terms.



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✨ LLM interpretation of page content

🏭 Related Party Transactions for Wanganui Gas Limited (continued from previous page)

🏭 Trade, Customs & Industry
5 December 1997
Financial transactions, Related parties, Wanganui District Council, Natural Gas Corporation, Treadwell Gordon & Co, Commercial terms
  • G. S. Swan, Consultant for Treadwell Gordon & Co