✨ Financial Performance Statement




NEW ZEALAND GAZETTE

No. 112

WEL ENERGY GROUP LIMITED

LINES BUSINESS

1995

($000s)

Distribution System

Cost 7,664
Valuation 70,401


                     78,065

Accumulated depreciation
At cost (462)
At Valuation (7,724)


Net book value 69,879

Total net book value 75,213

Land and Buildings were revalued on 30 June 1993 by Ford Valuations Limited Registered Valuers
The distribution system was revalued on 1 July 1992 by Worley Consultants Ltd.
Buildings at cost represents the amount paid to Hamilton City Council for the use of substations over a 33 year period.

7

Current liabilities

Trade creditors 5,619
Customer deposits 224
Provision for annual and long service leave 194
Provision for taxation 46
Due to WEL Energy Group 481


                     6,564

8

Other liabilities and provisions

Deferred income tax liability 1,891



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✨ LLM interpretation of page content

🏭 Financial Performance Statement for WEL Energy Group Limited (continued from previous page)

🏭 Trade, Customs & Industry
Financial Performance, Revenue, Expenses, Profit, Taxation, Dividends, WEL Energy Group Limited, Current Assets, Trade Debtors, Other Assets, Fixed Assets, Freehold Land, Buildings, Vehicles, Furniture, Plant, Equipment, Distribution System, Land and Buildings, Valuation, Depreciation, Trade Creditors, Customer Deposits, Annual Leave, Long Service Leave, Deferred Income Tax