✨ 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 —
NZ Gazette 2000, No 162
Gazette.govt.nz —
NZ Gazette 2000, No 162
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Transpower New Zealand Limited Notes to the Financial Statements
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