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Retrieving Data

Note 24: Investments in Subsidiaries

Parent and Group

Significant subsidiaries (31 March balance dates)

Country of incorporation and place of business

% owned
by Parent

% owned
by Group

Nature of
business

Church Lane Wind Farm Pty Ltd (from 7 June 2013)

Australia

-

100

Generation development

Dundonnell Wind Farm Pty Ltd (from 7 June 2013)

Australia

-

100

Generation development

Energy Direct NZ Limited (from 3 March 2014)

New Zealand

100

100

Electricity and gas retailing

Salt Creek Wind Farm Pty Ltd (from 7 June 2013)

Australia

-

100

Generation development

Sellicks Hill Wind Farm Pty Ltd

Australia

-

100

Generation development

Snowtown South Wind Farm Pty Ltd

Australia

-

100

Electricity generation

Snowtown Wind Farm Pty Ltd

Australia

-

100

Electricity generation

Snowtown Wind Farm Stage 2 Pty Ltd

Australia

-

100

Electricity generation

Tararua Wind Power Limited

New Zealand

100

100

Asset holding

Trustpower Australia (New Zealand) Limited

New Zealand

100

100

Asset holding

Trustpower Australia Financing Partnership

Australia

-

100

Financing

Trustpower Australia Holdings Pty Ltd

Australia

-

100

Generation development

Trustpower Insurance Limited

New Zealand

100

100

Captive insurance

Trustpower Market Services Pty Ltd

Australia

-

100

Financial services

Wingeel Wind Farm Pty Ltd (from 7 June 2013)

Australia

-

100

Generation development

The entities acquired on 7 June 2013 contain development rights and landowner agreements for potential wind farm sites in Australia. Apart from some minor property, plant and equipment the acquisition cost has been expensed as part of generation development expenditure.