New Zealand Gazette – 1999 – No. 126

Page 3026

✨ Financial Statements Notes

3026 NEW ZEALAND GAZETTE No. 126

Details of Capital Construction for 1999 carried out by the Construction Department are as follows:

	1999
	$
Construction of distribution lines and cables	3,805,694
Construction of distribution substations	158,592
Construction of low voltage reticulation	38,015
Construction of other system fixed assets	17,935
	$4,020,236

Note 4 Accounts Receivable

	1999	1998
	$	$
Trade Debtors	189,412	751,794
Prepayments	294,074	12,471
Accrued Income		186,076
	$483,486	$950,341

Note 5 Accounts Payable

	1999	1998
	$	$
Trade Creditors	1,617,144	701,224
Employee Provisions	332,316	373,824
Deferred Discount	1,491,360
	$3,440,820	$1,075,048

Note 6 Financial Commitments

Estimated capital expenditure
contracted for at balance but
not provided for

	1999	1998
	$	$
3,029,000	206,714

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VUW Te Waharoa — NZ Gazette 1999, No 126

NZLII — NZ Gazette 1999, No 126

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✨ LLM interpretation of page content

🏭 Notes to the Financial Statements for Electricity Ashburton Limited (continued from previous page)

Domain🏭 Trade, Customs & Industry
KeywordsFinancial Statements, Capital Construction, Accounts Receivable, Accounts Payable, Financial Commitments, Electricity Ashburton Limited

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