New Zealand Gazette – 1995 – No. 86

Page 2480

✨ Financial Statement Details

2480 NEW ZEALAND GAZETTE No. 86

Fixed Assets and Depreciation
Fixed assets have been valued at cost less accumulated depreciation.
Depreciation has been charged at the following rates:

Dams and associated headworks 1.0 SL
Plant 10.0 DV
Transmission lines 5.0 DV

Investigation work on new hydro electric schemes has been capitalised.

Fixed assets shown in the Balance Sheet include those which are directly attributable to the Generation Business and an allocation of Corporate Services and Engineering Services fixed assets. The allocation of the fixed assets is based on:

For Corporate Services, the assets have been allocated on an equal share basis between each activity;
For Engineering Services, the assets have been allocated on the basis of the relative net book values.

Term Liabilities
The term liabilities shown in the Balance Sheet are those which are directly attributable to the Generation Business.

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VUW Te Waharoa — NZ Gazette 1995, No 86

NZLII — NZ Gazette 1995, No 86

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

🏭 Central Electric Limited Financial Position (continued from previous page)

Domain🏭 Trade, Customs & Industry
KeywordsFinancial Position, Fixed Assets, Depreciation, Term Liabilities, Energy Business

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Additional Sources

Wellington City Recollect have made available a comprehensive and excellent-quality scan of the Wellington Provincial Gazette which was used to fill in a number of issues missing from Victoria University's Gazette Archive; in particular, all 1856 issues, issues 22-34 for 1864 and issues 9-19 for 1870.
27 issues of The New Zealand Advertiser and Bay of Islands Gazette (1840) were sourced from Papers Past (public domain).
Gazette Extraordinary No. 1 (1840), held at the Alexander Turnbull Library, Wellington, New Zealand. Imaged by Luke Howison at the National Library reading rooms; PDF released into the public domain.

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