✨ Financial Disclosure
30 AUGUST NEW ZEALAND GAZETTE 2485
WAIPA POWER LIMITED - LINE BUSINESS
10 FIXED ASSETS
| 1996 | 1995 | |
|---|---|---|
| $ | $ |
Reticulation Assets
Cost - additions since 1 April 1995 | 583,872 | 14,116,208 |
Valuation | 42,663,322 | — |
| 43,247,194 | 14,116,208 |
Accumulated Depreciation | — | 4,342,150 |
Net Book Value | 43,247,194 | 9,774,058 |
Freehold Land
Cost | 93,443 | 93,443 |
Freehold Buildings
Cost | 1,536,367 | 1,536,867 |
Accumulated Depreciation | 160,674 | 145,535 |
Net Book Value | 1,375,693 | 1,391,332 |
Motor Vehicles
Cost | 1,444,048 | 1,402,551 |
Accumulated Depreciation | 1,052,600 | 1,018,948 |
Net Book Value | 391,448 | 383,603 |
Plant, Furniture and Fittings
Cost | 390,811 | 369,127 |
Accumulated Depreciation | 258,582 | 229,061 |
Net Book Value | 132,229 | 140,066 |
Total Net Book Value | 45,240,007 | 11,782,502 |
The Reticulation Assets were revalued by E W Graham, B.E. (Elect), F.I.P.E.N.Z., Coopers & Lybrand and Worley Consultants Limited on 1 April 1995 to a value of $42,663,322 on an optimised depreciated replacement cost basis.
Assets constructed by the company are capitalised at direct cost plus a proportion of indirect overheads. Such expenditure includes:
i) any building of new lines in unreticulated areas.
ii) the incremental cost of providing additional capacity in previously reticulated areas.
iii) the provision of new transformers.
iv) new substation work and enhancements to existing substations.
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VUW Te Waharoa —
NZ Gazette 1996, No 95
NZLII —
NZ Gazette 1996, No 95
✨ LLM interpretation of page content
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Electricity Information Disclosure by Waipa Power Limited
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🏭 Trade, Customs & IndustryElectricity, Financial Performance, Waipa Power Limited, Line Business, Fixed Assets, Reticulation, Freehold Land, Buildings, Motor Vehicles, Plant, Furniture, Fittings