New Zealand Gazette – 1996 – No. 113

Page 2871

✨ Financial Disclosure

10 SEPTEMBER NEW ZEALAND GAZETTE 2871

Optimised Deprival Valuation (ODV) of Reticulation Assets
```
                                                         31.03.96      31.03.95
                                                         $           $
```
Opening ODV Valuation 46,558,396 --
Movements in ODV Valuation -- 46,558,396
Closing ODV Valuation 46,558,396 46,558,396

Opening Net Book Value of Reticulation Assets 14,425,225 14,021,699
Movements in Net Asset Value 1,063,706 403,526
Closing Net Book Value of Reticulation Assets 15,488,931 14,425,225

ODV Valuation exceeds Net Asset Value by: $31,069,462 $32,133,171

The ODV Valuation was undertaken by KPMG Peat Marwick as at 31 March 1995 in accordance with the ODV Handbook. While the ODV Valuation has not been used as the basis for valuing the Reticulation Assets in the Financial statements, it has been used for the purposes of calculating the Financial measures pursuant to Regulation 13 and Part 11 of the First Schedule of the Electricity (Information Disclosure) Regulations 1994.

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VUW Te Waharoa — NZ Gazette 1996, No 113

NZLII — NZ Gazette 1996, No 113

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🏢 Financial Position Statement for Central Electric Limited (continued from previous page)

Domain🏢 State Enterprises & Insurance
KeywordsFinancial Position, Equity, Capital, Retained Earnings, Assets, Liabilities, Central Electric Limited

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