New Zealand Gazette – 1997 – No. 90

Page 2153

✨ Financial Statements

18 AUGUST NEW ZEALAND GAZETTE 2153

ALPINE ENERGY LIMITED
FINANCIAL STATEMENTS PREPARED IN ACCORDANCE WITH THE
ELECTRICITY (INFORMATION DISCLOSURE) REGULATIONS 1994

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 1997 (CONTINUED)

12. RELATED PARTY TRANSACTIONS

Shareholders

All transactions between the Company and its Shareholder District Councils have been conducted on a commercial basis. Charges between the parties are made for services provided as part of the normal trading activities of the Company, and as such have been incorporated into the operating costs and revenues of the Company.

Revenues from Shareholder District Councils	1997 Lines	1997 Other	1996 Lines	1996 Other
- Contracting Activities	226	39	-	216
Payments to Shareholder District Councils
- Rates, Rents	22	-	26	-

Trading balances due from Shareholder District Councils are shown in note 5.

Associated Entities

Transactions with Associated Entities include:

Charges to United Electricity Limited for use of the Company's network reticulation system, and use of Trans Power's transmission system; meter reading; and, office services and rents.
Payments to United Electricity Limited for electricity.

| Revenues from Associated Entities | 9,401 | - | 8,220 | - |
| Payments to Associated Entities | - | - | 44 | - |

Trading balances due from Associated Entities, are shown in note 5.

No related party debts have been written off or forgiven during the year.

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VUW Te Waharoa — NZ Gazette 1997, No 90

NZLII — NZ Gazette 1997, No 90

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✨ LLM interpretation of page content

🏭 Alpine Energy Limited Financial Statements (continued from previous page)

Domain🏭 Trade, Customs & Industry
KeywordsFinancial Statements, Electricity, Information Disclosure, Alpine Energy Limited, Related Party Transactions, Shareholder District Councils, Associated Entities

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