✨ Financial Statements




30 NOVEMBER

NEW ZEALAND GAZETTE

3979

TRANSPOWER NEW ZEALAND LIMITED LINES BUSINESS

NOTES TO THE FINANCIAL STATEMENTS continued

FOR THE YEAR ENDED 30 JUNE 2001

3. CURRENT ASSETS

LINES BUSINESS 2001 $000 LINES BUSINESS 2000 $000
Cash and bank 29 23
Short term investments 87,127 77,002
Trade receivables 29,743 4,343
Provision for current tax - -
Deferred tax 1,155 -
Other receivables - -
Stocks of materials 24,805 24,430
Prepayments 349 754
Total current assets 142,808 106,552

Related Party Transactions
Included in trade receivables:

$000 $000
ECNZ
Mighty River Power Limited 81 233
Meridian Energy Limited 96,594 61,724
Genesis Power Limited 253 211
96,928 62,168

Reconciliation of provision for current tax:

  • Balance at the beginning of the year: (4,343) | 2,548
  • Tax payable in the current year (refer Note 7): 20,883 | 38,457
  • Provisional tax payments made during the year: (47,452) | (48,769)
  • Under provision in prior years: 1,169 | 411
  • Balance at the end of the year: (29,743) | (4,343)


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Online Sources for this page:

VUW Te Waharoa PDF NZ Gazette 2001, No 163


Gazette.govt.nz PDF NZ Gazette 2001, No 163





✨ LLM interpretation of page content

🏭 Transpower New Zealand Limited Lines Business Financial Position (continued from previous page)

🏭 Trade, Customs & Industry
Financial Statements, Taxation, Operating Surplus, Tax Expense, Deferred Tax, Imputation Credits