✨ Financial Statements
26 AUGUST NEW ZEALAND GAZETTE 3201
Note 9. Contingent Liabilities and Capital Commitments
Capital Commitments
| 2002 | |
|---|---|
| $ '000 | |
| $ '000 | |
| The total amount committed at balance date was | 0 |
Operating Lease Commitments
These are long-term operating leases relating to land occupied by the Company.
| Period | 2002 |
|---|---|
| $ '000 | |
| $ '000 | |
| Not later than 1 year | 7 |
| 1 - 2 years | 7 |
| 2 - 5 years | 22 |
| Later than 5 years | 66 |
| 101 |
Contingent Liabilities
| 2002 | |
|---|---|
| $ '000 | |
| $ '000 |
A number of warranties have been granted to TrustPower as part of the sale of the Company’s generation assets in respect of:
- deficiencies in land titles, licences and resource consents | 5,000 | 5,000
- warranties in general | 5,000 | 5,000
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Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 2002, No 119
Gazette.govt.nz —
NZ Gazette 2002, No 119
✨ LLM interpretation of page content
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Westpower Limited Financial Statements Notes
(continued from previous page)
🏭 Trade, Customs & Industry31 March 2002
Financial Statements, Contingent Liabilities, Capital Commitments, Operating Lease Commitments, Westpower Limited