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New Zealand Gazette – 1998 – No. 142

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✨ Financial Statements

NEW ZEALAND GAZETTE

No. 142

Wairarapa Electricity Limited and Subsidiary Companies

Notes to the Financial Statements

11) Creditors and Accruals

These are comprised of

	Line Business 1998 000's	Energy and Other Business 1998 000's	Line Business 1997 000's	Energy and Other Business 1997 000's
Trade Creditors and Accruals	899	1,803	1,402	1,553
Goods and Services Tax	30	17	66	57
Accrued Leave	80	159	105	223
Total Creditors and Accruals	1,009	1,979	1,573	1,833

12) Borrowings

	Line Business 1998 000's	Energy and Other Business 1998 000's	Line Business 1997 000's	Energy and Other Business 1997 000's
Current Portion of Borrowings
Other Borrowings	-	-	-	1,300
Bank Borrowings	-	2,750	-	-
Total Current Portion	-	2,750	-	1,300
Non Current Portion of Borrowings
One to two years	-	-	-	2,600
Two to five years	-	-	-	917
Total Non Current Portion	-	-	-	3,517
Total Borrowings	-	2,750	-	4,817

The interest rate applicable as at 31 March 1998 was 10.5% (1997: 6.6% to 8.07%)

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VUW Te Waharoa — NZ Gazette 1998, No 142

NZLII — NZ Gazette 1998, No 142

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✨ LLM interpretation of page content

🏭 Wairarapa Electricity Limited Financial Statements (continued from previous page)

Domain🏭 Trade, Customs & Industry
KeywordsElectricity, Financial Statements, Creditors, Borrowings, Wairarapa

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