New Zealand Gazette – 1998 – No. 122

Page 2942

✨ Financial Statements

2942 NEW ZEALAND GAZETTE No. 122

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 1998 (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 1998 1997

Contracting Activities Lines Other Lines Other
623 79 226 39
Payments to Shareholder District Councils
Rates, Rents 39 - 22 -

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 18,073 - 9,401 -
Payments to Associated Entities - - - -

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 1998, No 122

NZLII — NZ Gazette 1998, No 122

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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, Shareholders, Associated Entities, Revenues, Payments

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