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New Zealand Gazette – 1998 – No. 146

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✨ Financial Statements Notes

16 SEPTEMBER

NEW ZEALAND GAZETTE

3537

TRUSTPOWER LIMITED AND SUBSIDIARIES

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 1998

The employee share ownership trust held the following ordinary shares at the end of the period.

LINE BUSINESS	ENERGY BUSINESS	GENERATION BUSINESS
SHARES	SHARES	SHARES
467,603	30,065	394,925

Not yet allocated fully paid up ordinary shares

| Percentage Of Ordinary Shares | 0.36% | 0.02% | 0.30% |

All shares held by the plan carry full voting rights.

NOTE 21: METHODOLOGIES FOR ALLOCATING COSTS, REVENUES, ASSETS AND LIABILITIES

The electricity information disclosure guidelines have been followed except as set out below:

Bank Advances And Short Term Investments:

Allocation based on net income after taxation

Convertible Notes:

Allocated based on fixed assets

EDP Expenses:

Allocated on number of computers per division

Depreciation:

Computers - allocated on number of computers

Interest Expense:

Allocated based on the average term liabilities and convertible notes.

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VUW Te Waharoa — NZ Gazette 1998, No 146

NZLII — NZ Gazette 1998, No 146

Parliament House (depicted) was completed in 1918 and remains the primary seat of Parliament.

✨ LLM interpretation of page content

🏭 Notes to the Financial Statements for TrustPower Limited (continued from previous page)

Domain🏭 Trade, Customs & Industry
KeywordsFinancial Statements, Employee Share Ownership Trust, Share Allocation, Cost Allocation Methodologies

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