New Zealand Gazette – 1998 – No. 150

Page 3628

✨ Financial Statements

3628 NEW ZEALAND GAZETTE No. 150

Expenses


Meter Reading	Shared Equally
Admin Salaries	Staff Numbers (F.T.E)
Advertising	Electricity Revenue
Audit Costs	Staff Numbers (F.T.E)
Bank Fees	Electricity Revenue
Directors' Fees	Staff Numbers (F.T.E)
Insurances (General)	Staff Numbers (F.T.(E)
Marketing Research	Electricity Revenue
Postages	Equal Shares
Printing and Stationery	Electricity Revenue
Subscriptions	Staff Numbers (F.T.E)
Telecommunications	Staff Numbers (F.T.E)
Depreciation	Staff Numbers (F.T.E)

Assets:


Cash	Gross Margin
Inventory	Work Type/Direct Costs
Customer Deposits	Electricity Revenue

1.4 Specific Accounting Policies

The following particular accounting policies which materially affect the measurement of profit and financial position are consistently applied:

(a) Accounting Period

The financial statements cover the financial performance of the company for the year ended 31 March 1998 and the financial position of the company at the end thereof.

(b) Associate Companies

These are companies in which the group holds substantial shareholdings and in whose commercial and financial policy decisions it participates.

Associate companies have been reflected in the consolidated financial statements on an equity accounting basis which shows the groups share of profits in the consolidated statement of financial performance and its share of post-acquisition increases or decreases in net assets, in the consolidated statement of financial position.

In the year under review, the consolidated financial statements include only the results for the company together with its share of costs associated with its shareholding in Waikaremoana Power Limited on the equity accounting basis.

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VUW Te Waharoa — NZ Gazette 1998, No 150

NZLII — NZ Gazette 1998, No 150

The Executive Wing of Parliament (depicted) is universally known as The Beehive. It was completed in 1977 and remains the primary office for the elected Government of the day.

✨ LLM interpretation of page content

🏭 Eastland Energy Limited Financial Statements (continued from previous page)

Domain🏭 Trade, Customs & Industry
Dated7 August 1998
KeywordsFinancial Statements, Electricity, Disclosure, Regulations, Eastland Energy

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