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New Zealand Gazette – 2008 – No. 185

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✨ Financial Accounting Policies

4802 NEW ZEALAND GAZETTE, No. 185 28 NOVEMBER 2008

VECTOR LIMITED & SUBSIDIARIES

GAS DISTRIBUTION ACTIVITIES

STATEMENT OF ACCOUNTING POLICIES (CONTINUED)

FOR THE YEAR ENDED 30 JUNE 2008

CHANGES IN ACCOUNTING POLICY

The Vector group elected to adopt 1 July 2006 as its transition date to the requirements of NZ IFRS in accordance with NZ IFRS 1, First-time Adoption of New Zealand Equivalents to International Financial Reporting Standards. An explanation of how the transition to NZ IFRS has affected the reported financial position and financial performance of the Vector group is provided in detail in its annual report for the year ended 30 June 2008.

All accounting policies that apply to the Vector group after the transition to NZIFRS have been applied to these set of financial statements for the year ended 30 June 2008 and comparative year ended 30 June 2007.

Gazette.govt.nz — NZ Gazette 2008, No 185

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 & Subsidiaries Gas Distribution Activities Statement of Accounting Policies (continued from previous page)

Domain🏭 Trade, Customs & Industry
KeywordsAccounting policies, Financial statements, Vector Limited, Gas distribution, NZ IFRS, Transition, Annual report

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