β¨ Financial Statements
18 AUGUST NEW ZEALAND GAZETTE 2175
Wairarapa Electricity Limited and Subsidiary Companies
Notes to the Financial Statements
- Creditors and Accruals
These are comprised of
| Line Business 1997 000's | Energy and Other Business 1997 000's | Line Business 1996 000's | Energy and Other Business 1996 000's | |
|---|---|---|---|---|
| Trade Creditors and Accruals | 1,402 | 1,553 | 5,075 | 1,615 |
| Accrued Interest | - | - | - | 7 |
| Goods and Services Tax | 66 | 57 | 35 | (856) |
| Accrued Leave | 105 | 223 | 58 | 188 |
| Other Liabilities | - | - | - | 119 |
| Total Creditors and Accruals | 1,573 | 1,833 | 5,168 | 1,073 |
- Borrowings
| Line Business 1997 000's | Energy and Other Business 1997 000's | Line Business 1996 000's | Energy and Other Business 1996 000's | |
|---|---|---|---|---|
| Current Portion of Borrowings | - | - | - | 2 |
| Other Borrowings | - | 1,300 | - | - |
| Bank Borrowings | - | - | - | - |
| Total Current Portion | - | 1,300 | - | 2 |
| Non Current Portion of Borrowings | - | 2,600 | - | - |
| One to two years | - | 917 | - | 3,600 |
| Two to five years | - | - | - | - |
| Total Non Current Portion | - | 3,517 | - | 3,600 |
| Total Borrowings | - | 4,817 | - | 3,602 |
Interest rates applicable to loans range between 6.6% to 8.07% (1996: 9.64% to 14.1%)
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VUW Te Waharoa —
NZ Gazette 1997, No 91
NZLII —
NZ Gazette 1997, No 91
β¨ LLM interpretation of page content
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Financial Statements for Wairarapa Electricity Limited
(continued from previous page)
π Trade, Customs & IndustryFinancial Statements, Wairarapa Electricity Limited, Creditors, Accruals, Borrowings