New Zealand Gazette – 1997 – No. 117

Page 2763

✨ Financial Statements

Mercury Energy Limited and Subsidiaries

Notes to and forming part of the financial statements for the year ended 31 March 1997 continued

FIXED ASSETS

	1997					1996
	Line Activities $000	Electricity Retailing $000	Generation Activities $000	Other Activities $000	Total Activities $000	Line Activities $000	Electricity Retailing $000	Other Activities $000	Total Activities $000
Freehold land at cost	4,170	-	-	7,413	11,583	4,170	-	14,509	18,679
Revaluation to ODV	3,494	-	-	-	3,494	3,494	-	-	3,494
	7,664	-	-	7,413	15,077	7,664	-	14,509	22,173
Freehold buildings	-	-	-	21,287	21,287	-	-	27,223	27,223
Leasehold improvements	-	-	-	-	-	-	-	773	773
Accumulated depreciation	-	-	-	(4,728)	(4,728)	-	-	(6,639)	(6,639)
Net book value	-	-	-	16,559	16,559	-	-	21,357	21,357
Distribution system	451,123	-	-	-	451,123	418,731	-	-	418,731
Accumulated depreciation	(157,705)	-	-	-	(157,705)	(141,212)	-	-	(141,212)
	293,418	-	-	-	293,418	277,519	-	-	277,519
Adjustment to ODV	479,111	-	-	-	479,111	477,225	-	-	477,225
ODV	772,529	-	-	-	772,529	754,744	-	-	754,744
Generation plant and buildings	-	-	207,487	-	207,487	-	-	99,676	99,676
Accumulated depreciation	-	-	(6,583)	-	(6,583)	-	-	(3,907)	(3,907)
Net book value	-	-	200,904	-	200,904	-	-	95,769	95,769

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VUW Te Waharoa — NZ Gazette 1997, No 117

NZLII — NZ Gazette 1997, No 117

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

🏭 Mercury Energy Limited Fixed Assets (continued from previous page)

Domain🏭 Trade, Customs & Industry
KeywordsFixed Assets, Financial Statements, Mercury Energy Limited, 1997, 1996

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