New Zealand Gazette – 1999 – No. 124

Page 2970

✨ Financial Statements

2970 NEW ZEALAND GAZETTE No. 124

Currency Risk

The Company is not exposed to any direct currency risk.

Contingent Liabilities

Otago Power Limited is currently involved in a Tax dispute with the Inland Revenue Department. The Company has made a voluntary payment of the full amount of disputed tax of which the Line business share is carried as an asset pending the outcome of the dispute. Depending on the outcome of the dispute Otago Power may have a contingent asset or will have to write off the remaining amount carried.

Capital Commitments

There are no capital commitments as at 31 March 1999.

Events Subsequent to Balance Date

Subsequent to Balance date the Directors resolved to redeem all Preference Shares at 30 April 1999.

Related Party Transactions

There are no related Party Transactions.

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VUW Te Waharoa — NZ Gazette 1999, No 124

NZLII — NZ Gazette 1999, No 124

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

✨ LLM interpretation of page content

💰 Financial Statements including Intangible Assets, Total Assets, and Funding (continued from previous page)

Domain💰 Finance & Revenue
KeywordsFinancial Statements, Intangible Assets, Total Assets, Funding, Equity, Liabilities, Currency Risk, Contingent Liabilities, Capital Commitments, Events Subsequent to Balance Date, Related Party Transactions

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The primary sources for the issues of the NZ Gazette indexed by this project are:

New Zealand Gazette Archive, provided by Victoria University Library, copyright 2008 LexisNexis NZ Limited, Crown Copyright of New Zealand Gazette Office
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Additional Sources

Wellington City Recollect have made available a comprehensive and excellent-quality scan of the Wellington Provincial Gazette which was used to fill in a number of issues missing from Victoria University's Gazette Archive; in particular, all 1856 issues, issues 22-34 for 1864 and issues 9-19 for 1870.
27 issues of The New Zealand Advertiser and Bay of Islands Gazette (1840) were sourced from Papers Past (public domain).
Gazette Extraordinary No. 1 (1840), held at the Alexander Turnbull Library, Wellington, New Zealand. Imaged by Luke Howison at the National Library reading rooms; PDF released into the public domain.

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I'm Luke Howison, a freelance web developer with an interest in genealogy. I have created several websites for genealogical research, such as NZ Ancestor Search Helper.