✨ Financial Statements




4516

NEW ZEALAND GAZETTE

No. 190

TRANSPower NEW ZEALAND LINES BUSINESS

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 1999

  1. REMUNERATION OF AUDITORS
Fees paid or payable to PricewaterhouseCoopers LINES BUSINESS $000 GROUP $000
As auditor of Transpower and Transpower Group subsidiaries 185 185
For other services 808 1,124
993 1,309
  1. NET FINANCE COSTS

| Finance costs | 98,223 | 116,226 |
| Lease costs | - | - |
| Capitalised interest | (720) | (1,261) |
| Interest received from short term investments | (1,158) | (1,426) |
| Dividends received | (1) | (2) |
| Net finance costs | 96,344 | 113,537 |

Related Party Transactions

Interest received from:

| ECNZ | - | (18) |
| Contact Energy Limited | - | (487) |
| Transpower Group associate | - | (136) |
| Transpower Group subsidiaries | - | - |
| | - | (641) |

Dividends received from:

Transpower Group subsidiaries

Interest is capitalised on capital work in progress in accordance with the accounting policy outlined in Note 1(f).



Next Page →

PDF embedding disabled (Crown copyright)

View this page online at:


VUW Te Waharoa PDF NZ Gazette 1999, No 190


NZLII PDF NZ Gazette 1999, No 190





✨ LLM interpretation of page content

🏭 Transpower New Zealand Limited Information Disclosure (continued from previous page)

🏭 Trade, Customs & Industry
Financial Statements, Revenue, Transmission Services, Related Party Transactions, Electricity Regulations