← Page 4280

New Zealand Gazette – 1999 – No. 180

Page 4281

Page 4282 →

✨ Financial Statements Notes

26 NOVEMBER
NEW ZEALAND GAZETTE
4281

NOTE 9. RELATED PARTIES

At 31 March 1999 the related parties of Westpower Limited and transactions for the year were as follows:

ElectroNet Services Limited
Electrical Contracting Company

ElectroNet Services Limited has provided the following services for the period 1 April 1998 to 31 March 1999:

Construction of high voltage lines 578
Construction of low voltage lines 1,318
Construction of Distribution Substations 40
Construction of Transformers 9
Construction of Switchgear 45

Maintenance of Assets 2,894

At year end there was an outstanding balance of $632,213 for such services.

The only other related party with whom the company has had dealings is the West Coast Electric Power Trust. All transactions between these parties are conducted on a commercial ("arms length") basis. Material transactions have been disclosed in the financial statements (dividend and loan).

No related party debts have been written off or forgiven during the year.

NOTE 10. CASH FLOWS

RECONCILIATION OF NET CASH FLOWS FROM OPERATING ACTIVITIES

                        1999
                        $'000

Net surplus After Income Tax 2,363

Plus Non Cash Items:
Depreciation 169
169

Movements in Working Capital:
Decrease in Debtors -31
Decrease in Creditors, Accrued Interest 2,303
Increase in Income Tax Refund -160
Decrease in Gratuities Provision -76
2,036

Operating Cashflow 4,568

PDF embedding disabled (Crown copyright)

View this page online at:

VUW Te Waharoa — NZ Gazette 1999, No 180

NZLII — NZ Gazette 1999, No 180

The Executive Wing of Parliament (depicted) is universally known as The Beehive. It was completed in 1977 and remains the primary office for the elected Government of the day.

✨ LLM interpretation of page content

🏭 Westpower Limited Financial Statements Notes (continued from previous page)

Domain🏭 Trade, Customs & Industry
KeywordsRelated Parties, Cash Flows, Financial Statements, Westpower Limited

As the Gazette has been published for more than 185 years, copyright status depends on the publication date of each issue:

1840–1925 (Public Domain): Issues of the New Zealand Gazette and Provincial Gazettes from this period are in the public domain, as the term of Crown copyright (100 years) has expired. Mechanical reproductions (e.g., scanned PDFs) of these public domain documents do not attract new copyright.
1926–1999 (Crown Copyright): Issues from this period remain subject to Crown copyright. Usage of these issues in this project is "Fair Dealing" for research purposes and consistent with the spirit of the open-access principles championed by NZGOAL, ie, "The default licensing position under ... NZGOAL is the Creative Commons Attribution 4.0 International licence ... [t]o the greatest extent possible, agencies should apply this licence to copyright material on their websites"
2000–Present (CC-BY 3.0 NZ): Gazette issues published on gazette.govt.nz are Crown copyright but are explicitly licensed by the Department of Internal Affairs under the Creative Commons Attribution 3.0 New Zealand licence (CC-BY 3.0 NZ). This project redistributes this content in accordance with those terms.

Nothing in this project is intended to infringe copyright, trademark law or personal privacy. Please contact me immediately if you have any concerns.

Third-Party Content

Where third-party content (e.g., notices submitted by external organisations) is identified within the Gazette, users should satisfy themselves regarding the copyright status of that specific content, as it may be subject to different ownership terms than the Gazette itself.

Sources and Attribution

NZ Gazette Sources

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
- Issues from 1841-2008, including the New Munster, New Ulster, and Provincial Gazettes
New Zealand Gazettes by New Zealand Legal Information Institute (note: "NZLII is not the copyright owner in the source documents published on NZLII")
- Issues from 1913-1999
Gazette.govt.nz, Crown copyright / licensed by the Department of Internal Affairs under CC-BY 3.0 NZ
- Issues from 2000-2017

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.

PDF Icon

The PDF PDF Icon was made by Good Ware, CC BY-SA 4.0.

Masthead

The logo in the header is an edited version of “Winning Coat of Arms Competition Entry, 1908” by Archives New Zealand, CC BY 2.0 (found via Wikipedia).

Who made this?

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.