β¨ Electricity Financial Disclosures
25 AUGUST NEW ZEALAND GAZETTE 2509
- Fixed assets
| Line Business $000's | Other Electricity Businesses $000's | |
|---|---|---|
| Cost/revalued | 311,572 | 33,368 |
| Less accumulated depreciation | 9,877 | 5,267 |
| Net book value at 31 March 1995 | 301,695 | 28,101 |
- Shareholders' equity
The mandatory convertible notes have been assigned to the line business, as the line business assets were the primary assets acquired on corporatisation.
The revaluation reserve relates to a revaluation performed on line business assets, and so has been assigned to the line business.
Following these steps, ordinary shares, the share premium reserve and retained earnings have been allocated pro rata amongst the business units.
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VUW Te Waharoa —
NZ Gazette 1995, No 86
NZLII —
NZ Gazette 1995, No 86
β¨ LLM interpretation of page content
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Electricity Information Disclosure Regulations 1994
(continued from previous page)
π Trade, Customs & IndustryElectricity, Financial Statements, Revenue, Expenses, Profit and Loss, Fixed Assets, Income Tax, Accounting Policies, Shareholders' Equity