New Zealand Gazette – 2004 – No. 155

Page 3834

✨ Financial Statements Notes

3834 NEW ZEALAND GAZETTE, No. 155 29 NOVEMBER 2004

2.4 NOTES TO THE FINANCIAL STATEMENTS

13 Financial instruments continued

Medium term notes
The fair value of NZ$ notes is based on quoted market prices and the carrying amount is based on face value less discount plus accruals.

The fair value of A$ notes is based on the face value converted at the exchange rate prevailing at balance date. The carrying amount includes the principal and interest accrued, converted at the correct rates.

Derivative instruments
The fair value of interest rate swaps, cross currency swaps, forward rate agreements and other derivative instruments is estimated based on the quoted market prices for these instruments.

The carrying amount includes the fair value adjustments (net of amortisation) on derivative transactions acquired and interest accrued.

14 Capital commitments

At balance date, estimated capital expenditure contracted for but not provided for was $2.7 million (2003: $6.4 million).

15 Contingent liabilities

The directors are not aware of any claims that have been made against the Vector gas business, other than those already provided for in the financial statements (2003: nil).

16 Transactions with related parties

There were no related party transactions in relation to the gas business of Vector Limited for the period.

In 2003, the principal related party of UnitedNetworks Limited was its holding company Vector Limited. There were no gas related transactions with Vector Limited during the period.

17 Operating lease commitments

At balance date the business had the following operating lease commitments:

	As at 30 June 2004 ($'000)	As at 30 June 2003 ($'000)
Within the year	-	7

18 Events after balance date

On 11 October 2004, Vector Limited announced that they had agreed to purchase a 66.05% stake in Natural Gas Holdings (NGC). No adjustments are required to these financial statements in respect of this event.

VUW Te Waharoa — NZ Gazette 2004, No 155

Gazette.govt.nz — NZ Gazette 2004, No 155

The General Assembly Library (on the right) was completed in 1899 and survived the 1907 fire. Now the oldest remaining original Parliament building, still used as the Parliamentary Library.

✨ LLM interpretation of page content

🏭 Vector Limited Gas Information Disclosure (continued from previous page)

Domain🏭 Trade, Customs & Industry
Dated17 November 2004
KeywordsFinancial Instruments, Credit Risk, Fair Values, Trade Receivables, Loans, Medium Term Notes, Derivative Instruments, Capital Commitments, Contingent Liabilities, Related Party Transactions, Operating Lease Commitments, Events After Balance Date

As the Gazette has been published for more than 185 years, copyright status depends on the publication date of each issue:

1840–1925 (Public Domain): Issues of the New Zealand Gazette and Provincial Gazettes from this period are in the public domain, as the term of Crown copyright (100 years) has expired. Mechanical reproductions (e.g., scanned PDFs) of these public domain documents do not attract new copyright.
1926–1999 (Crown Copyright): Issues from this period remain subject to Crown copyright. Usage of these issues in this project is "Fair Dealing" for research purposes and consistent with the spirit of the open-access principles championed by NZGOAL, ie, "The default licensing position under ... NZGOAL is the Creative Commons Attribution 4.0 International licence ... [t]o the greatest extent possible, agencies should apply this licence to copyright material on their websites"
2000–Present (CC-BY 3.0 NZ): Gazette issues published on gazette.govt.nz are Crown copyright but are explicitly licensed by the Department of Internal Affairs under the Creative Commons Attribution 3.0 New Zealand licence (CC-BY 3.0 NZ). This project redistributes this content in accordance with those terms.

Nothing in this project is intended to infringe copyright, trademark law or personal privacy. Please contact me immediately if you have any concerns.

Third-Party Content

Where third-party content (e.g., notices submitted by external organisations) is identified within the Gazette, users should satisfy themselves regarding the copyright status of that specific content, as it may be subject to different ownership terms than the Gazette itself.

Sources and Attribution

NZ Gazette Sources

The primary sources for the issues of the NZ Gazette indexed by this project are:

New Zealand Gazette Archive, provided by Victoria University Library, copyright 2008 LexisNexis NZ Limited, Crown Copyright of New Zealand Gazette Office
- Issues from 1841-2008, including the New Munster, New Ulster, and Provincial Gazettes
New Zealand Gazettes by New Zealand Legal Information Institute (note: "NZLII is not the copyright owner in the source documents published on NZLII")
- Issues from 1913-1999
Gazette.govt.nz, Crown copyright / licensed by the Department of Internal Affairs under CC-BY 3.0 NZ
- Issues from 2000-2017

Additional Sources

Wellington City Recollect have made available a comprehensive and excellent-quality scan of the Wellington Provincial Gazette which was used to fill in a number of issues missing from Victoria University's Gazette Archive; in particular, all 1856 issues, issues 22-34 for 1864 and issues 9-19 for 1870.
27 issues of The New Zealand Advertiser and Bay of Islands Gazette (1840) were sourced from Papers Past (public domain).
Gazette Extraordinary No. 1 (1840), held at the Alexander Turnbull Library, Wellington, New Zealand. Imaged by Luke Howison at the National Library reading rooms; PDF released into the public domain.

PDF Icon

The PDF PDF Icon was made by Good Ware, CC BY-SA 4.0.

Masthead

The logo in the header is an edited version of “Winning Coat of Arms Competition Entry, 1908” by Archives New Zealand, CC BY 2.0 (found via Wikipedia).

Who made this?

I'm Luke Howison, a freelance web developer with an interest in genealogy. I have created several websites for genealogical research, such as NZ Ancestor Search Helper.

New Zealand Gazette Index