New Zealand Gazette – 2000 – No. 113

Page 2834

✨ Financial Statement



2834 NEW ZEALAND GAZETTE No. 113

31.3.00 $ 31.3.99 $

  1. Capital Funds

Share Capital – Fully Paid

Ordinary Shares

Opening Balance of 8,600,544 Ordinary Shares @ $1.00 per Share 8,600,544 10,440,92
1
Rebate B Shares converted to Ordinary Shares 355,688
Transfer to ‘other’ Business due to Allocation method change - (1,645,05
3)
Ordinary Shares Redeemed @ $1.00 each (1,712,144) (195,324)

Closing Balance of 28,976,352 Ordinary Shares @ 25c per Share 7,244,088 8,600,544

Rebate Shares

Opening Balance of 355,688 Rebate Shares @ $1.00 per Share 355,688 278,233
Transfer to ‘other’ Business due to Allocation method change - (43,838)
Rebate Shares of $1.00 each Issued in Lieu of Rebate and purchased for cash - 128,855
Rebate Shares Redeemed @ $1.00 each - (7,562)
Rebate Shares converted to Ordinary Shares (355,688) -

Closing Balance of Rebate Shares @ $1.00 per Share - 355,688

Redeemable Preference Shares

Opening Balance of 2,683,295 Redeemable Preference Shares of $1.00 Each - 2,683,295
Transferred to Current Liabilities - (2,683,29
5)

Closing Balance - -

Total Share Capital 7,244,088 8,956,232
Rights of Share on Issue

Ordinary Shares:

The Nominal Value of Ordinary Shares is 25c each. These shares rank pari passu on return of capital upon liquidation. The shares are not tradeable. Ordinary Shares will have 1 vote for each Ordinary Share held, but a holder will not be able to exercise more than 10% of the total votes cast at a meeting of the Company.



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Online Sources for this page:

VUW Te Waharoa — PDF NZ Gazette 2000, No 113


Gazette.govt.nz — PDF NZ Gazette 2000, No 113




✨ LLM interpretation of page content

🏭 Otago Power Limited Financial Position (continued from previous page)

🏭 Trade, Customs & Industry
14 August 2000
Electricity, Financial Statement, Otago Power Limited, Capital Funds, Assets, Liabilities, Operating Expenditure, Interest Expense