New Zealand Gazette – 1997 – No. 105

Page 2456

✨ Financial Statements

KING COUNTRY ENERGY LIMITED

NOTES TO THE ANNUAL FINANCIAL STATEMENTS PREPARED IN ACCORDANCE WITH THE ELECTRICITY INFORMATION DISCLOSURE REGULATIONS 1994

FOR THE YEAR ENDED 31 MARCH 1997

Note	Lines Business 1996/1997	Energy Business 1996/1997	Lines Business 1995/1996	Energy Business 1995/1996	Lines Business 1994/1995	Energy Business 1994/1995
8. RECEIVABLES
Trade and Sundry Debtors	696,283	793,563	640,969	789,876	644,936	896,811
9. INVENTORY
Inventory comprises:
Stocks of Materials for Line Construction & Maintenance	593,643	-	461,359	-	459,584	-
Finished goods and parts	-	9,155	-	17,217	-	33,039
	593,643	9,155	461,359	17,217	459,584	33,039
10. INVESTMENTS
Staff Housing Loans	36,365	-	85,112	-	86,062	-
11. FIXED ASSETS
Distribution Equipment
-Cost	16,486,138	-	15,521,278	-	14,515,339	-
-Less Accumulated Depreciation	(7,506,762)	-	(6,857,781)	-	(6,251,566)	-
Book Value	8,979,376	-	8,663,497	-	8,263,773	-
Generation Equipment
-Cost Plant and Machinery	-	1,778,495	-	1,366,306	-	853,087
-Valuation Land and Buildings	-	265,000	-	265,000	-	306,244
	-	2,043,495	-	1,631,306	-	1,159,331
Less Accumulated Depreciation	-	(379,339)	-	(322,197)	-	(307,430)
Book Value	-	1,664,156	-	1,309,109	-	851,901
Land
-Cost	8,536	445	10,020	445	8,253	445

NEW ZEALAND GAZETTE
No. 105
2456

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VUW Te Waharoa — NZ Gazette 1997, No 105

NZLII — NZ Gazette 1997, No 105

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.

✨ LLM interpretation of page content

🏭 Notes to the Financial Statements of King Country Energy Limited (continued from previous page)

Domain🏭 Trade, Customs & Industry
KeywordsRetained Earnings, Financial Statements, Balance, Surplus, Dividends, Disposal, Transfer, Revaluation Reserve, Receivables, Inventory, Investments, Fixed Assets

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