✨ 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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🏭 Transpower New Zealand Limited Notes to the Financial Statements (continued from previous page)

🏭 Trade, Customs & Industry
Financial Statements, Current Assets, Related Party Transactions, Investments