New Zealand Gazette – 1995 – No. 91

Page 2740

✨ Financial Statements, Fixed Assets

NEW ZEALAND GAZETTE

No. 91

POWER NEW ZEALAND LIMITED

The major wholly-owned subsidiaries and principal activities are:

Subsidiary	Principal Activity
Cardomon Limited	Investment
Salamanca Holdings Limited	Investment
Power Services Limited	Research and Development (Generation)

The company has provided a guarantee of Pacific Energy Limited's liabilities to ECNZ in respect of purchases made by Power New Zealand Limited.

11 FIXED ASSETS

1995

Network Business Unit

	At Cost ($000)	At Valuation ($000)	Accum. Dep'n ($000)	Net Carrying Value ($000)
Freehold Land	1,829	0	0	1,829
Freehold Buildings	4,972	0	618	4,354
Distribution System	0	486,469	0	486,469
Plant, Vehicles and Equipment	11,459	0	4,012	7,447
Capital Work in Progress	3,567	0	0	3,567

FIXED ASSETS | 21,827 | 486,469 | 4,630 | 503,666 |

1995

Other Business Units

	At Cost ($000)	Accum. Dep'n ($000)	Net Carrying Value ($000)
Freehold Land	1,361	0	1,361
Freehold Buildings	8,594	1,918	6,676
Plant, Vehicles and Equipment	15,346	9,258	6,088
Capital Work in Progress	86	0	86

FIXED ASSETS | 25,387 | 0 | 11,176 | 14,211 |

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VUW Te Waharoa — NZ Gazette 1995, No 91

NZLII — NZ Gazette 1995, No 91

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 and Forming Part of the Financial Statements for the Year Ended 31 March 1995 (continued from previous page)

Domain💰 Finance & Revenue
KeywordsFinancial Statements, Subsidiaries, Fixed Assets, Valuation, Depreciation

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