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.