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New Zealand Gazette – 1997 – No. 126

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✨ Financial Statements

NEW ZEALAND GAZETTE

15 SEPTEMBER 2969

BAY OF PLENTY ELECTRICITY LIMITED

Financial Statements for the purposes of

Electricity (Information Disclosure) Regulations 1994

Notes to the Financial Statements

for the 12 months ended 31 March 1997

	Network		Generation		Energy Trading
	1997	1996	1997	1996	1997	1996
	$000	$000	$000	$000	$000	$000

17 Fixed Assets

Fixed Assets as at 31 March Comprise:

Land

Cost | 285 | 236 | 242 | 241 | 15 | 12 |
Accumulated Depreciation | (3) | (1) | - | - | - | - |
Book Value | 282 | 235 | 242 | 241 | 15 | 12 |

Generating Structures

Valuation | - | - | 12,232 | 12,232 | - | - |
Accumulated Depreciation | - | - | (549) | - | - | - |
Book Value | - | - | 11,683 | 12,232 | - | - |

Other Buildings

Cost | 1,321 | 1,444 | 141 | 95 | 253 | 170 |
Accumulated Depreciation | (297) | (305) | (32) | (21) | (57) | (38) |
Book Value | 1,024 | 1,139 | 109 | 74 | 196 | 132 |

Distribution System

Valuation | 68,193 | 56,834 | - | - | - | - |
Accumulated Depreciation | - | - | - | - | - | - |
Book Value | 68,193 | 56,834 | - | - | - | - |

Generation Plant

Valuation | - | - | 82,822 | 76,792 | - | - |
Accumulated Depreciation | - | - | (1,295) | - | - | - |
Book Value | - | - | 81,527 | 76,792 | - | - |

Plant and Equipment

Cost | 2,310 | 2,286 | 766 | 485 | 471 | 373 |
Accumulated Depreciation | (1,637) | (1,531) | (543) | (278) | (334) | (208) |
Book Value | 673 | 755 | 223 | 207 | 137 | 165 |

Motor Vehicles

Cost | 574 | 438 | 179 | 179 | 32 | 85 |
Accumulated Depreciation | (337) | (231) | (105) | (107) | (19) | (31) |
Book Value | 237 | 207 | 74 | 72 | 13 | 54 |

Furniture and Fittings

Cost | 315 | 318 | 73 | 91 | 131 | 96 |
Accumulated Depreciation | (233) | (216) | (54) | (62) | (96) | (65) |
Book Value | 82 | 102 | 19 | 29 | 35 | 31 |

Total Fixed Assets

Cost or Valuation | 72,998 | 61,556 | 96,455 | 90,115 | 902 | 736 |
Accumulated Depreciation | (2,507) | (2,284) | (2,578) | (468) | (506) | (342) |
Book Value | 70,491 | 59,272 | 93,877 | 89,647 | 396 | 394 |

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VUW Te Waharoa — NZ Gazette 1997, No 126

NZLII — NZ Gazette 1997, No 126

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✨ LLM interpretation of page content

🏭 Financial Statements for Bay of Plenty Electricity Limited (continued from previous page)

Domain🏭 Trade, Customs & Industry
KeywordsFinancial Statements, Investments, Subsidiary, Associate, Electricity Generation, Electricity Trading

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