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New Zealand Gazette – 2008 – No. 39

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✨ Financial Statements

VECTOR LIMITED

ELECTRICITY LINES BUSINESS

NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)

FOR THE YEAR ENDED 31 MARCH 2007

19. TRANSACTIONS WITH RELATED PARTIES

The electricity lines business has purchased vegetation management services of $7.8 million (31 March 2006: $8.5 million) from Treescape Limited, which is an associate of Vector group.

The electricity lines business has purchased telecommunications services of $1.9 million (31 March 2006: $0.9 million) from Vector Communications Limited.

20. INTERNATIONAL FINANCIAL REPORTING STANDARDS

A detailed disclosure of the Vector group’s New Zealand equivalents to International Financial Reporting standards (NZ IFRS) transition management, impacts on transition to NZ IFRS, significant changes in accounting policies on transition to NZ IFRS and exemptions taken on transition to NZ IFRS is available under Note 34 of the Vector group’s annual report for the year ended 30 June 2007.

VUW Te Waharoa — NZ Gazette 2008, No 39

Gazette.govt.nz — NZ Gazette 2008, No 39

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✨ LLM interpretation of page content

🏭 Notes to the Financial Statements for Vector Limited (continued from previous page)

Domain🏭 Trade, Customs & Industry
KeywordsFinancial Statements, Related Parties, Transactions, International Financial Reporting Standards, Vector Limited

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