✨ Financial Statements




3452 NEW ZEALAND GAZETTE No. 142

Wairarapa Electricity Limited and Subsidiary Companies

Notes to the Financial Statements

8) Receivables

These are comprised of:

Line Business Energy and Other Business Line Business Energy and Other Business
1998 1998 1997 1997
000's 000's 000's 000's
Electricity 1,684 1,432 1,797 1,356
Provision for Doubtful Debts (140) (140) (69) (68)
1,544 1,292 1,728 1,288
Prepayments 781 140 37 111
Other - 1,075 - 359
781 1,215 37 470
Total Receivables 2,325 2,507 1,765 1,758

9) Inventories

The major categories are:

Line Business Energy and Other Business Line Business Energy and Other Business
1998 1998 1997 1997
000's 000's 000's 000's
Distribution system 584 - 457 -
Work in progress - 305 - 80
Total Inventories 584 305 457 80


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