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New Zealand Gazette – 1996 – No. 158

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✨ Financial Statements

MERCURY ENERGY

MERCURY ENERGY LIMITED & SUBSIDIARIES

NOTES TO AND FORMING PART OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 1996 continued

15. FIXED ASSETS

	1996	1995 Restated (Unaudited)	1995 (As Audited)
	Line Activities	Energy Retailing Activities	Other Activities
	$'000	$'000	$'000
Land at Cost	4,170	-	14,509
Revaluation to ODV	3,494	-	-
	7,664	-	14,509

| Freehold Buildings | - | - | 27,223 | 27,223 | - | - | 24,005 | 24,005 |
| Leasehold Improvements | - | - | 773 | 773 | - | - | 773 | 773 |
| | - | - | 27,996 | 27,996 | - | - | 24,778 | 24,778 |

| Accumulated Depreciation | - | - | (6,639) | (6,639) | - | - | (5,745) | (5,745) |
| Net Book Value | - | - | 21,357 | 21,357 | - | - | 19,033 | 19,033 |

| Distribution System | 418,731 | - | - | 418,731 | 394,023 | 394,023 | - | 394,023 |
| Accumulated Depreciation | (141,212) | - | - | (141,212) | (125,304) | (125,304) | - | (125,304) |
| Net Book Value | 277,519 | - | - | 277,519 | 268,719 | 268,719 | - | 268,719 |
| Adjustment to reflect ODV | 477,225 | - | - | 477,225 | 464,837 | 342,397 | - | 342,397 |
| | 754,744 | - | - | 754,744 | 733,556 | 611,116 | - | 611,116 |

| Generation Plant and Buildings | - | - | 99,676 | 99,676 | - | - | 24,549 | 24,549 |
| Accumulated Depreciation | - | - | (3,907) | (3,907) | - | - | (2,916) | (2,916) |
| Net Book Value | - | - | 95,769 | 95,769 | - | - | 21,633 | 21,633 |

NEW ZEALAND GAZETTE

No. 158

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VUW Te Waharoa — NZ Gazette 1996, No 158

NZLII — NZ Gazette 1996, No 158

Parliament House (depicted) was completed in 1918 and remains the primary seat of Parliament.

✨ LLM interpretation of page content

💰 Mercury Energy Financial Statements Notes (continued from previous page)

Domain💰 Finance & Revenue
KeywordsFixed Assets, Land, Buildings, Depreciation, Financial Statements, Mercury Energy

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