New Zealand Gazette – 1995 – No. 140

Page 4579

✨ Financial Statements



27 NOVEMBER NEW ZEALAND GAZETTE 4579

NOTES TO THE FINANCIAL STATEMENTS

  1. TERM ASSETS
    Term Assets 1,217 1,739
    Total Term Assets 1,217 1,739

  2. FIXED ASSETS
    Freehold Land at Cost 39,793 58,512

    Freehold Buildings
    At Cost 54,469 54,313
    Accumulated Depreciation 8,988 8,215
    Book Value 45,481 46,098

    Generation Plant
    At Cost 4,761,779 4,636,518
    Accumulated Depreciation 838,375 702,604
    Book Value 3,923,404 3,933,914

    Capital Work in Progress at Cost 76,368 130,739

    Other Plant and Equipment (including vehicles and EDP equipment)
    At Cost 84,212 70,415
    Accumulated Depreciation 43,708 37,066
    Book Value 40,504 33,349

    Assets Intended for Sale
    At Cost 28,415 56,943
    Accumulated Depreciation 1,283 17,190
    Book Value 27,132 39,753

    Total Fixed Assets
    At Cost 5,045,036 5,007,440
    Accumulated Depreciation 892,354 765,075
    Total Book Value of Fixed Assets 4,152,682 4,242,365

    Assets intended for sale are disclosed at net book value. They exclude any assets relating to the proposed split of ECNZ (note 28).
    The aggregate of the latest available Government valuations of land is $23 million (1994 $27 million). Separate valuations of buildings are not available.

  3. INVESTMENT IN AND ADVANCES TO NON-CORE SUBSIDIARIES
    Advances to/(from) (22,980) 1,767,271
    Shares 14,928 1,215,965
    Total investment in and advances to non-core subsidiaries (8,052) 2,983,236



Next Page →

PDF embedding disabled (Crown copyright)

View this page online at:


VUW Te Waharoa — PDF NZ Gazette 1995, No 140


NZLII — PDF NZ Gazette 1995, No 140




✨ LLM interpretation of page content

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

🏭 Trade, Customs & Industry
Electricity, Financial Statements, Assets, Depreciation, Accounting