New Zealand Gazette – 2011 – No. 184

Page 5319

✨ Financial Statements

28 NOVEMBER 2011
NEW ZEALAND GAZETTE, No. 184
5319

TRANSPOWER NEW ZEALAND LIMITED LINES BUSINESS

5. Net finance expenses

	LINES BUSINESS
	2011	2010
	$M	$M
Finance revenue
Interest received	0.3	1.5
Finance expenses
Interest paid and associated fees	117.8	104.3
Capitalised interest	(37.7)	(29.6)
Imputed interest	2.4	2.6
Dividends received	-	-
	82.5	77.3
Total net finance expenses	82.2	75.8

Interest paid and associated fees
All interest paid is on debt designated as fair value through profit or loss.

Imputed interest
Imputed interest is on new investment agreements and transmission realignment and certain other prepaid transactions. Refer to Note 3 Deferred income for more information.

Gazette.govt.nz — NZ Gazette 2011, No 184

The Executive Wing of Parliament (depicted) is universally known as The Beehive. It was completed in 1977 and remains the primary office for the elected Government of the day.

✨ LLM interpretation of page content

💰 Operating Expenses for Transpower New Zealand Limited (continued from previous page)

Domain💰 Finance & Revenue
KeywordsNet finance expenses, Financial Statements, Transpower, Lines Business

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