✨ Financial Statements Notes




MercuryEnergy

MERCURY ENERGY LIMITED & SUBSIDIARIES

NOTES TO AND FORMING PART OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 1996 continued

  1. ODV REVALUATIONS

ODV Revaluation

Opening ODV Restated $’000
ODV 31 March 1995
- As Audited 621,021
- Increase in Economic Lives 120,720
741,741
Net Assets Acquired 27,524
ODV Revaluation (3,520)
ODV as at 31 March 1996 765,745

ODV Revaluation Reserve

$’000
Balance 31 March 1995 345,891
Revaluation for Increased Economic Lives 117,200
Change in accumulated net book value 17,628
480,719


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VUW Te Waharoa PDF NZ Gazette 1996, No 158


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πŸ’° Mercury Energy Financial Statements Notes (continued from previous page)

πŸ’° Finance & Revenue
ODV Revaluation, Financial Statements, Mercury Energy