New Zealand Gazette – 2013 – No. 155

Page 4335

✨ Financial Statements

25 NOVEMBER 2013 NEW ZEALAND GAZETTE, No. 155 4335

TRANSPOWER NEW ZEALAND LIMITED LINES BUSINESS

5. Net finance expenses

	LINES BUSINESS
	2013	2012
	$M	$M

Finance revenue
Interest received | 0.8 | 3.1 |

Finance expenses
Interest paid and associated fees | 195.7 | 155.4 |
Capitalised interest | (81.7) | (72.4) |
Imputed interest | 2.8 | 2.4 |

Total finance expenses | 136.8 | 85.4 |

Total net finance expenses | 136.8 | 85.4 |

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

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

Gazette.govt.nz — NZ Gazette 2013, No 155

Parliament House (depicted) was completed in 1918 and remains the primary seat of Parliament.

✨ LLM interpretation of page content

🏭 Transpower New Zealand Limited Statement of Accounting Policies (continued from previous page)

Domain🏭 Trade, Customs & Industry
KeywordsAccounting Policies, Financial Statements, Operating Expenses, Depreciation, Amortisation

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