New Zealand Gazette – 2009 – No. 172

Page 4174

✨ Financial Statements

NEW ZEALAND GAZETTE, No. 172

27 NOVEMBER 2009

TRANSPOWER NEW ZEALAND LIMITED LINES BUSINESS

11. Inventories

	LINES BUSINESS
	2009	2008
	$000	$000
Substations	6,021	2,406
Transmission lines	427	259
Communications	184	813
HVDC	19	-
Other	112	66
Total inventories	6,763	3,544

Inventories expensed during the period | 3,756 | 3,387 |

All inventory is classified as finished goods (no processing is done).

12. Other non current financial assets

	LINES BUSINESS
	2009	2008
	$000	$000
Other financial assets
Fonterra shares	3,609	3,995

Total non current financial assets | 3,609 | 3,995 |

Fonterra Shares

Refer to Note 9 Financial Instrument Designation for background information on why the Lines Business holds these shares.

Gazette.govt.nz — NZ Gazette 2009, No 172

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✨ LLM interpretation of page content

💰 Transpower New Zealand Limited Financial Instrument Designation (continued from previous page)

Domain💰 Finance & Revenue
KeywordsFinancial instruments, Investments, Derivatives, Hedge commitments, Impairment losses

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