β¨ Financial Statements
4542 NEW ZEALAND GAZETTE No. 193
TRANSPOWER NEW ZEALAND LIMITED GROUP
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 1998
8. CURRENT ASSETS
| 1998 | 1997 | |
|---|---|---|
| $000 | $000 | |
| Cash and bank | 5 | - |
| Short term investments | - | 1,685 |
| Trade receivables | 86,258 | 80,487 |
| Other receivables | 359 | 554 |
| Stocks of materials | 10,313 | 18,111 |
| Prepayments | 1,484 | 1,993 |
| Current Tax | 2,584 | - |
| Total Current Assets | 101,003 | 102,830 |
Related Party Transactions
Included in trade receivables:
| 1998 | 1997 | |
|---|---|---|
| ECNZ Group | 27,993 | 19,380 |
| Contact Energy | 13,097 | 12,527 |
| BCL | - | 93 |
| Transpower Group associate | 4,249 | 6,504 |
| Transpower Group subsidiaries | - | - |
| 45,339 | 38,504 |
9. INVESTMENTS
| 1998 | 1997 | |
|---|---|---|
| $000 | $000 | |
| Investment in Transpower Group associate | 4,015 | 4,672 |
| Shares in listed companies | - | 9 |
| Investment in Transpower Group subsidiaries | - | - |
| Total Investments | 4,015 | 4,681 |
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VUW Te Waharoa —
NZ Gazette 1998, No 193
NZLII —
NZ Gazette 1998, No 193
β¨ LLM interpretation of page content
π
Transpower New Zealand Limited Notes to the Financial Statements
(continued from previous page)
π Trade, Customs & IndustryFinancial Statements, Current Assets, Related Party Transactions, Investments