New Zealand Gazette – 1997 – No. 180

Page 4314

✨ Financial Statements

Notes to and Forming Part of the Financial Statements
For the Year Ended 31 March 1997

7 INVESTMENTS IN ASSOCIATES

	1997	1996
	$000	$000
- at cost	181	591
- equity share of retained earnings	61	37
	$242	$628

The associate company is Energy Brokers New Zealand Limited (41% shareholding)

8 OTHER INVESTMENTS

	1997	1996
	$000	$000
CentralPower Limited (at cost)	14,691	17,618
Trustpower Limited (at cost)	-	1,780
Other investments (at cost)	187	187
Other advances	359	-
	$15,237	$19,585

The market value of the investment in CentralPower Limited as at 31 March 1997 was $17,204,610 based on a share price of $3.05 per share.

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VUW Te Waharoa — NZ Gazette 1997, No 180

NZLII — NZ Gazette 1997, No 180

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.

✨ LLM interpretation of page content

💰 Investments in Associates and Other Investments (continued from previous page)

Domain💰 Finance & Revenue
KeywordsInvestments, Associates, Equity Share, Retained Earnings, Market Value

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