✨ Statement of Accounting Policies




NEW ZEALAND GAZETTE

No. 145

STATEMENT OF ACCOUNTING POLICIES

FOR THE YEAR ENDED 31 MARCH 1999

EMPLOYEE ENTITLEMENTS

Employee entitlements to salaries and wages, non-monetary benefits, annual leave, long service leave and other benefits are recognised when they accrue to employees. This includes the estimated liability for salaries and wages, annual leave and long service leave as a result of services rendered by employees up to balance date.

COMPARATIVES

Comparative numbers have not been restated to comply with the current regulations. As a result where new disclosures are required no comparative numbers have been disclosed.

CHANGES IN ACCOUNTING POLICY

All accounting policies have been applied on a basis consistent with those used by the Company in the year to 31 March 1999, except for those required by the Electricity (Information Disclosure) Regulations 1999.



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✨ LLM interpretation of page content

🏭 Statement of Accounting Policies for King Country Energy Limited (continued from previous page)

🏭 Trade, Customs & Industry
Accounting Policies, Financial Statements, Electricity, King Country Energy, Employee Entitlements, Comparatives, Changes in Accounting Policy