β¨ Financial Statements
MercuryEnergy
Mercury Energy Limited and Subsidiaries
Notes to and forming part of the financial statements for the year ended 31 March 1997 continued
15. FIXED ASSETS continued
| 1997 | 1996 | |||||||
|---|---|---|---|---|---|---|---|---|
| Line Activities | Electricity Retailing | Other Activities | Total Activities | Line Activities | Electricity Retailing | Other Activities | Total Activities | |
| $000 | $000 | $000 | $000 | $000 | $000 | $000 | $004 |
Plant and equipment
- Motor vehicles and mobile equipment | - | - | - | 13,807 | - | - | 14,103 | 14,103 |
- Computer and telecommunication equipment | 1 | 8 | - | 49,926 | - | - | 38,247 | 38,247 |
- Miscellaneous plant and equipment | 110 | 526 | - | 10,026 | 1,057 | 528 | 11,112 | 12,697 |
| Total Additions | 111 | 534 | - | 73,759 | 1,057 | 528 | 63,462 | 65,047 |
Accumulated depreciation
| | (14) | (395) | - | (35,149) | - | (375) | (28,416) | (28,791) |
| Net book value | 97 | 139 | - | 38,610 | 1,057 | 153 | 35,046 | 36,256 |
Capital work in progress
| | 3,203 | - | - | 3,203 | 2,281 | - | - | 2,281 |
Total fixed assets
| At cost | 941,212 | 534 | 207,487 | 1,024,233 | 906,958 | 528 | 205,643 | 1,113,129 |
| Provision for depreciation | (157,719) | (395) | (6,583) | (164,697) | (141,212) | (375) | (38,962) | (180,549) |
| Net book value | 783,493 | 139 | 200,904 | 984,536 | 765,746 | 153 | 166,681 | 932,580 |
The latest Government valuations of freehold land total ... $27.302 million (1996: $26.725 million)
The latest Government valuations of buildings total ... $25.222 million (1996: $24.087 million)
NEW ZEALAND GAZETTE
No. 117
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VUW Te Waharoa —
NZ Gazette 1997, No 117
NZLII —
NZ Gazette 1997, No 117
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π
Mercury Energy Limited Fixed Assets
(continued from previous page)
π Trade, Customs & IndustryFixed Assets, Financial Statements, Mercury Energy Limited, 1997, 1996