✨ Financial Statements
4880 NEW ZEALAND GAZETTE, No. 186 28 NOVEMBER 2008
TRANSPOWER NEW ZEALAND LIMITED LINES BUSINESS
11. Inventories
| LINES BUSINESS | |
|---|---|
| 2008 | |
| $'000 | |
| Substations | 2,406 |
| Transmission lines | 259 |
| Communications | 813 |
| Other | 66 |
| Total inventories | 3,544 |
Inventories expensed during the period | 3,387 | 2,230 |
All inventory is classified as finished goods (no processing is done).
12. Other non current financial assets
| LINES BUSINESS | |
|---|---|
| 2008 | |
| $'000 | |
| Other financial assets | |
| Fonterra shares | 3,995 |
| Total non current financial assets | 3,995 |
Impairment Losses on Financial Assets
No impairment losses were incurred in the 2008 period (2007: nil).
Financial Instrument Designation
Refer to Note 9 Financial Instrument Designation for the designation of the above instruments.
Fonterra Shares
Refer to Note 9 Financial Instrument Designation for background information on why the Lines Business holds these shares.
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NZ Gazette 2008, No 186
✨ LLM interpretation of page content
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Transpower New Zealand Limited Lines Business Financial Statements
(continued from previous page)
🏭 Trade, Customs & IndustryFinancial Statements, Inventories, Non-Current Financial Assets, Fonterra Shares