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New Zealand Gazette – 1995 – No. 112

Page 3535

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✨ Financial Statements

9 OCTOBER NEW ZEALAND GAZETTE 3535

MERCURY ENERGY LIMITED AND SUBSIDIARIES

NOTES TO AND FORMING PART OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 1995 continued

FIXED ASSETS

Land at cost 4,170 15,287 19,457
Revaluation to ODV 3,494 3,494
7,664 15,287 22,951

Freehold Buildings - 24,005 24,005
Leasehold Improvements - 773 773

```
    24,778       24,778
```

Accumulated Depreciation - (5,745) (5,745)
Net Book Value 19,033 19,033

Distribution System 394,023 394,023
Accumulated Depreciation (125,304) (125,304)
Net Book Value 268,719 268,719
Revaluation to ODV 342,397 342,397
611,116 611,116

Generation Plant and Buildings 24,549 24,549
Accumulated Depreciation (2,916) (2,916)
Net Book Value 21,633 21,633

Plant and Equipment

Motor Vehicles and Mobile Equipment 16,014 16,014
Computer and Telecommunication Equipment 24,086 24,086
Miscellaneous Plant and Equipment 700 11,114 11,814
700 51,214 51,914
Accumulated Depreciation (26,511) (26,511)
Net Book Value 700 24,703 25,403

Capital Work in Progress 1,541 - 1,541

Total Fixed Assets Revalued to ODV 746,325 115,828 862,153
Provision for Depreciation (125,304) (35,172) (160,476)
Net ODV Book Value 621,021 80,656 701,677

The latest Government valuations
of freehold land total $18,448,650 (1994: $16,829,000)
The latest Government valuations
of buildings total $20,078,350 (1994: $20,468,000)

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VUW Te Waharoa — NZ Gazette 1995, No 112

NZLII — NZ Gazette 1995, No 112

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

🏭 Notes to Financial Statements of Mercury Energy Limited and Subsidiaries (continued from previous page)

Domain🏭 Trade, Customs & Industry
KeywordsFinancial statements, Fixed assets, Land, Buildings, Distribution system, Generation plant, Equipment, Depreciation, Valuation

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