β¨ Financial Statements Notes
3530 NEW ZEALAND GAZETTE No. 146
TRUSTPOWER LIMITED AND SUBSIDIARIES
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 1998
NOTE 9 : CURRENT ASSETS
| LINE BUSINESS | ENERGY BUSINESS | GENERATION BUSINESS | |
|---|---|---|---|
| $'000 | $'000 | $'000 | |
| Cash and short term deposits | 17 | 1 | 5 |
| Trade receivables | 6,397 | 5,753 | - |
| Less provision for doubtful debts | (271) | (250) | - |
| Prepayments and other receivables | 3,871 | 3,481 | - |
| Provision for taxation (refer note 4) | 1,297 | 31 | 576 |
| Inventories - parts (refer note) | 1,738 | - | - |
| 13,049 | 9,016 | 581 |
NOTE 10 : INVESTMENTS
| LINE BUSINESS | ENERGY BUSINESS | GENERATION BUSINESS | |
|---|---|---|---|
| $'000 | $'000 | $'000 | |
| Investments in partnerships | - | - | - |
| Investments in other companies | 516 | 94 | 10 |
| 516 | 94 | 10 |
| LINE BUSINESS | ENERGY BUSINESS | GENERATION BUSINESS | |
|---|---|---|---|
| $'000 | $'000 | $'000 | |
| Loan to partnership | - | - | - |
| Advances from subsidiaries | - | - | - |
SIGNIFICANT SUBSIDIARIES:
Kaimai Hydropower Limited, a company as at 31 March 1998
Tauranga Electricity Limited, a company as at 31 March 1998
Tauranga Joint Generation Committee ("TJGC"), a partnership as at 31 March 1998
| 1998 | |
|---|---|
| % | 100 |
| % | 100 |
| % | 100 |
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VUW Te Waharoa —
NZ Gazette 1998, No 146
NZLII —
NZ Gazette 1998, No 146
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Notes to the Financial Statements for TrustPower Limited
(continued from previous page)
π Trade, Customs & IndustryFinancial Statements, Current Assets, Investments, Subsidiaries, TrustPower Limited