β¨ Financial Statements
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NEW ZEALAND GAZETTE, No. 186
28 NOVEMBER 2008
TRANSPOWER NEW ZEALAND LIMITED LINES BUSINESS
5. Net Finance Costs
| LINES BUSINESS | |
|---|---|
| 2008 | |
| $000 | |
| Interest paid and associated fees | 77,815 |
| Interest received | (1,789) |
| Capitalised interest | (13,912) |
| Imputed interest | 1,055 |
| Dividends received | (5,000) |
| Total net finance costs | 58,169 |
| Total operating expenses | 373,824 | 333,415 |
| Net finance costs | 58,169 | 58,639 |
| Total expenses including net financing costs | 431,993 | 392,054 |
Interest Paid and Associated Fees
All interest paid is on debt designated as fair value through profit or loss.
Interest Received
All interest received is on investments designated as fair value through profit or loss.
Investments designated as available for sale do not earn interest income.
Imputed Interest
Imputed interest is on new investment agreements. Refer to Note
3 Deferred Income for more information.
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β¨ LLM interpretation of page content
π
Transpower New Zealand Limited Lines Business Financial Statements
(continued from previous page)
π Trade, Customs & IndustryFinancial Statements, Expenditure, Asset Maintenance, Depreciation, Amortisation, Corporate Expenses, Net Finance Costs, Interest Paid, Interest Received, Capitalised Interest, Imputed Interest, Dividends Received, Operating Expenses
NZ Gazette 2008, No 186