β¨ Financial Investments Report
No. 160
NEW ZEALAND GAZETTE
3852
- INVESTMENTS IN ASSOCIATES
| 1998 | 1997 | |
|---|---|---|
| Other | Other | |
| Activities | Activities | |
| $000 | $000 | |
| Investments in associates, at cost | 220,532 | 220,532 |
| Share of investment in net assets | 15,912 | - |
| 236,444 | - | |
| Market value of shares listed on the Stock Exchange | 294,209 | - |
Significant associates:
| Balance Sheet | Percentage Held by Group | |
|---|---|---|
| Power New Zealand Limited | 31 March | 33% |
| Transfield Utility Services Limited | 31 March | 50% |
Power New Zealand was an associate of the group effective from 1 April 1997.
On 1 July 1997 the group acquired its shareholding in Transfield Utility Services Limited. Transfield Utility Services Limited was formed as a result of the sale of the groups contracting division.
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VUW Te Waharoa —
NZ Gazette 1998, No 160
NZLII —
NZ Gazette 1998, No 160
β¨ LLM interpretation of page content
π°
Investments in Associates Report
(continued from previous page)
π° Finance & RevenueInvestments, Associates, Financial Report, Power New Zealand, Transfield Utility Services