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 PDF NZ Gazette 2002, No 119


Gazette.govt.nz PDF NZ Gazette 2002, No 119





✨ LLM interpretation of page content

🏭 Westpower Limited Financial Statements Notes (continued from previous page)

🏭 Trade, Customs & Industry
31 March 2002
Financial Statements, Contingent Liabilities, Capital Commitments, Operating Lease Commitments, Westpower Limited