New Zealand Gazette – 1997 – No. 110

Page 2587

✨ Electricity Industry Financial Disclosure

29 AUGUST NEW ZEALAND GAZETTE 2587

Revaluation

The parent company’s distribution system has been revalued to net current value as at 31 March 1997. This valuation, on an optimised deprivation value basis, has been certified by independent valuers, Ernst and Young. Land and buildings have been revalued to net current values as at 31 March 1997 by the registered valuers of Ernst and Young. All other fixed assets of the parent company and its wholly owned subsidiaries, Connetics Limited and Powerstore Limited have been revalued to net current value on the basis of net book values as at 31 March 1997.

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VUW Te Waharoa — NZ Gazette 1997, No 110

NZLII — NZ Gazette 1997, No 110

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

🏭 Southpower Limited Information Disclosure under Electricity Regulations (continued from previous page)

Domain🏭 Trade, Customs & Industry
KeywordsElectricity, Information Disclosure, Regulations, Financial Statements, Accounting Policies, Southpower Limited, Revaluation, Fixed Assets

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