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New Zealand Gazette – 1995 – No. 97

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✨ Financial Statements

3036 No. 97

NEW ZEALAND GAZETTE

Wairoa Power Limited - Other Businesses

NOTES TO AND FORMING PART OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 1995 continued

10. FIXED ASSETS

	1995	1994
Freehold Land
(at cost)	15,000	15,000
Freehold Buildings
(at valuation)	232,222	224,283
Accumulated Depreciation	(46,111)	(38,600)
	186,111	185,683
Waihi Dam
(at cost)	1,043,348	1,043,348
Accumulated Depreciation	(99,193)	(88,760)
	944,155	954,588
Generation equipment
(at cost)	784,956	784,956
Accumulated Depreciation	(293,587)	(262,188)
	491,369	522,768
Other Plant and Equipment
(at cost)	226,601	218,867
Accumulated Depreciation	(115,730)	(89,176)
	110,871	129,691
Total Fixed Assets	1,747,506	1,807,730

11. INVESTMENTS

	1995	1994
Investments are stated at cost and comprise:
Investments in Companies (unquoted)	36,000	36,000
Sinking Fund Deposits	26,082	47,238
	62,082	83,238

Sinking Funds:

Deposits are lodged with the Public Trust Office and National Provident Fund. Interest received on these funds range from 7.5% to 11.8%.

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VUW Te Waharoa — NZ Gazette 1995, No 97

NZLII — NZ Gazette 1995, No 97

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✨ LLM interpretation of page content

🏭 Notes to Financial Statements for Wairoa Power Limited (continued from previous page)

Domain🏭 Trade, Customs & Industry
KeywordsFixed Assets, Investments, Financial Statements, Wairoa Power Limited

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