✨ Financial Statements Notes




3834

NEW ZEALAND GAZETTE

No. 128

NOTES TO THE FINANCIAL STATEMENTS

June 1994
$000

  1. TERM ASSETS
    Other term assets 1,739
    Total term assets 1,739

  2. FIXED ASSETS
    Freehold land at cost 58,512

Freehold buildings
At cost 54,313
Accumulated depreciation 8,215
Book value 46,098

Generation plant
At cost 4,636,518
Accumulated depreciation 702,604
Book value 3,933,914

Capital work in progress at cost 130,739

Other plant and equipment
At cost 70,415
Accumulated depreciation 37,066
Book value 33,349

Assets intended for sale
At cost 56,943
Accumulated depreciation 17,190
Book value 39,753

Total fixed assets 5,007,440
Accumulated depreciation 765,075
Total book value of fixed assets 4,242,365

The aggregate of the latest available Government valuations of land is $30 million.
Separate valuations of buildings are not available, but the aggregate cost shown
above would not differ materially from current values.
Assets intended for sale are disclosed at the lower of net book value and net current value.

  1. INVESTMENT IN AND ADVANCES TO NON-CORE SUBSIDIARIES
    Advances 1,767,271
    Shares 1,215,965
    Total investment in and advances to non-core subsidiaries 2,983,236


Next Page →

PDF embedding disabled (Crown copyright)

View this page online at:


VUW Te Waharoa PDF NZ Gazette 1994, No 128


NZLII PDF NZ Gazette 1994, No 128





✨ LLM interpretation of page content

🌾 Electricity Corporation of New Zealand Limited Financial Statements (continued from previous page)

🌾 Primary Industries & Resources
Financial statements, Term assets, Fixed assets, Valuations