New Zealand Gazette – 1997 – No. 103

Page 2405

✨ Financial Statements

25 AUGUST NEW ZEALAND GAZETTE 2405

	1997 $	1996 $
Comprising:
Current Taxation	153,380	218,388
Prior Year Adjustment	0	6
Deferred Taxation	70,851	7,761
	$224,231	$226,155

Imputation Credits:

	1997 $	1996 $
Opening Balance	493,135	256,130
Taxation Paid During the Year	102,280	237,005
Credits Attached to Dividends Paid	0	0
Closing Balance	$595,415	$493,135

Note 4 Fixed Assets

	Cost	Accumulated Depreciation	1997 Book Value	1996 Book Value
Generation	4,829,212	1,619,220	3,209,992	3,312,732
Land & Buildings	784,357	98,525	685,832	741,876
Motor Vehicles	385,781	200,022	185,759	153,342
Plant & Equipment	633,121	424,875	208,246	266,359
	$6,632,471	$2,342,642	$4,289,829	$4,474,309

Note 5 Accounts Receivable

	1997 $	1996 $
Trade Debtors	2,131,844	2,768,242
Prepayments	16,155	9,096
Accrued Income	309,417	400,729
	$2,457,416	$3,178,067

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VUW Te Waharoa — NZ Gazette 1997, No 103

NZLII — NZ Gazette 1997, No 103

The Executive Wing of Parliament (depicted) is universally known as The Beehive. It was completed in 1977 and remains the primary office for the elected Government of the day.

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