New Zealand Gazette – 1996 – No. 107

Page 2776

✨ Financial Statements Continuation



2776 NEW ZEALAND GAZETTE No. 107

HAWKE'S BAY POWER DISTRIBUTION LIMITED AND SUBSIDIARY

NOTES TO AND FORMING PART OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 1996 (Continued)

8 FIXED ASSETS

                            At Cost     Accumulated     Net Carrying
                             $000       Depreciation      Value
                                        $000           $000

Lines Business 31 March 1996
Distribution System 86,644 37,305 49,339
Land 1,005 - 1,005
Buildings 10,036 1,239 8,797
Vehicles, Plant & Equipment 11,266 7,924 3,342
Capital Work in Progress - - -

                          108,951        46,468         62,483
                          _______       _______        _______

Lines Business 31 March 1995
Distribution System 84,422 35,652 48,770
Land 943 - 943
Buildings 9,601 1,084 8,517
Vehicles, Plant & Equipment 10,638 6,788 3,850
Capital Work in Progress 168 - 168

                          105,772        43,524         62,248
                          _______       _______        _______

Other Businesses 31 March 1996
Vehicles, Plant and Equipment 448 213 235

Other Businesses 31 March 1995
Vehicles, Plant and Equipment 348 140 208

The Optimised Deprival Valuation for the Distribution System assets owned by Hawke's Bay Power Distribution Limited as at 31 March, 1994 independently carried out in accordance with the Electricity (Information Disclosure) Regulations and accompanying handbook and guidelines was $98,850,000.

  1. RECEIVABLES

                           1996          1995          1996          1995
                     Lines        Lines       Other        Other
                     Business     Business    Businesses   Businesses
                      $000         $000         $000         $000

    Trade Debtors 3,547 3,434 5,736 5,259
    Provision for Doubtful Debts (72) (60) (108) (92)

                          3,475        3,374        5,628        5,167

    Prepayments 53 54 - -

                          3,528        3,428        5,628        5,167
                     ______       ______       ______       ______


Next Page →

PDF embedding disabled (Crown copyright)

View this page online at:


VUW Te Waharoa — PDF NZ Gazette 1996, No 107


NZLII — PDF NZ Gazette 1996, No 107




✨ LLM interpretation of page content

🏭 Hawke's Bay Power Distribution Ltd Financial Statements (continued from previous page)

🏭 Trade, Customs & Industry
6 September 1996
Electricity, Financial Statements, Information Disclosure, Hawke's Bay Power Distribution Ltd