Financial Statements Notes




4 DECEMBER

NEW ZEALAND GAZETTE

4207

TRANSPOWER NEW ZEALAND LIMITED LINES BUSINESS

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2000

15. RETAINED EARNINGS

LINES BUSINESS LINES BUSINESS
2000 1999
Balance at the beginning of the year 5086 5086
(325,751) (292,939)
Operating surplus after tax 152,511 96,899
Equity Adjustment to comply with Electricity (Information Disclosure) Regulations 1999 - (18,181)
(173,220) (214,221)
Transfer from the asset revaluation reserve (82,687) -
Dividends paid or payable - (111,316)
Balance at the end of the year (255,907) (325,751)

Share of associate entity’s retained earnings

| | | |
| Balance at the beginning of the year | - | - |
| Share of post tax surplus for the year | - | - |
| Balance at the end of the year | - | - |

Total retained earnings at the end of the year | (255,907) | (325,751) |

16. CAPITAL COMMITMENTS

Capital commitments in respect of contracts for capital expenditure:

2000 1999
Within one year 10,252 22,198
One to two years 234 512
Two to five years 234 400
Total capital commitments 10,720 23,110

17. OPERATING LEASE COMMITMENTS

Commitments in respect of non-cancellable operating leases payable:

2000 1999
Within one year 1,964 1,862
One to two years 1,887 1,373
Two to five years 2,333 4,057
Greater than five years 542 711
Total operating lease commitments 6,730 8,003


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Online Sources for this page:

VUW Te Waharoa PDF NZ Gazette 2000, No 162


Gazette.govt.nz PDF NZ Gazette 2000, No 162





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🏭 Transpower New Zealand Limited Notes to the Financial Statements (continued from previous page)

🏭 Trade, Customs & Industry
Financial Statements, Retained Earnings, Capital Commitments, Operating Lease Commitments