New Zealand Gazette – 2002 – No. 104

Page 2830

✨ Financial Statements

2830 NEW ZEALAND GAZETTE No. 104

Counties Power Line Business paid $15,000 (2001 $10,000) in valuation and consultancy fees to Meritec Limited, a subsidiary of Meritec Group Limited. Mr. J.W. Wilson, a Director of Counties Power Limited, is also a Director of Meritec Group Limited. A balance of $4,000 (2001 $7,000) was outstanding at balance date. These transactions were undertaken on normal commercial terms and Mr. Wilson was not involved in them.

16. ODV VALUATION

The ODV valuation of Counties Power Limited Line Business Distribution System assets was calculated at $83,966,707 at 31 March 2001 by Meritec Limited.

VUW Te Waharoa — NZ Gazette 2002, No 104

Gazette.govt.nz — NZ Gazette 2002, No 104

Parliament House (depicted) was completed in 1918 and remains the primary seat of Parliament.

✨ LLM interpretation of page content

🏭 Counties Power Limited Statement of Financial Notes (continued from previous page)

Domain🏭 Trade, Customs & Industry
KeywordsElectricity, Financial Statements, Revenue, Operating Expenditure, Line Business, Accounting, Related Party Transactions
👱🏽 Names

J.W. Wilson, Director of Counties Power Limited and Meritec Group Limited

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