✨ Financial Statements




30 NOVEMBER

NEW ZEALAND GAZETTE

3995

TRANSPOWER NEW ZEALAND LIMITED LINES BUSINESS

NOTES TO THE FINANCIAL STATEMENTS continued

FOR THE YEAR ENDED 30 JUNE 2001

  1. SUBSIDIARY AND JOINT VENTURES OF TRANSPOWER GROUP

The subsidiaries that make up the lines business of the Transpower Group are as follows:

Subsidiaries Holding Holding
Fighting Bay Finance Limited 100% 100%
Haywards Limited 100% 100%
Oteranga Bay Limited 100% 100%
Transpower Finance Limited 100% 100%
Transpower Land Holdings Limited (non-trading) 100% 100%

The subsidiaries that make up the "Other Transpower Businesses" are as follows:

Subsidiaries Holding Holding
d-cypha Limited 100% 100%
Risk Reinsurance Limited 100% -
Omaka Training Limited (non-trading) 100% 100%

Joint Ventures Holding
OPTIMAL Limited 50% 50%

All subsidiaries are direct subsidiaries of Transpower except for Oteranga Bay Limited and Haywards Limited which are wholly owned by Fighting Bay Finance Limited.

The principal activity of the trading subsidiaries (excluding d-cypha and Risk Reinsurance) is financing. d-cypha was established in 1998 as a separate legal entity to provide reconciliation and metering services for both MARIA and NZEM parties. Risk Reinsurance was established in 2001 to provide insurance services to the Transpower Group.

OPTIMAL Limited is a joint venture offering consulting services based upon Transpower's experience in outsourcing and maintenance standards.



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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, Subsidiaries, Joint Ventures, Holding Percentages, Financing, Consulting Services