β¨ Financial Statements
3160
NEW ZEALAND GAZETTE
No. 134
WAIPA POWER LIMITED - OTHER BUSINESS
10 FIXED ASSETS
Freehold Land
Cost 1,610 11,893
Freehold Buildings
Cost 774,664 774,664
Accumulated Depreciation 116,143 108,396
Net Book Value 658,521 666,268
Generation
Cost 1,322,547 -
Accumulated Depreciation 44,107 -
Net Book Value 1,278,440 -
Motor Vehicles
Cost 230,521 143,793
Accumulated Depreciation 141,990 82,247
Net Book Value 88,531 61,546
Plant, Furniture and Fittings
Cost 1,471,802 1,360,790
Accumulated Depreciation 1,023,696 910,993
Net Book Value 448,106 449,797
Total Net Book Value 2,475,208 1,189,504
11 CONTINGENT LIABILITIES AND CAPITAL COMMITMENTS
A contingency could arise for the difference between market and hedged energy prices should surplus energy units have to be sold on the spot market. It is not possible to quantify the value of this contingency in the unlikely event that it should arise.
There are no commitments for future capital expenditure as at 31 March 1997 (1996 $120,000).
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VUW Te Waharoa —
NZ Gazette 1997, No 134
NZLII —
NZ Gazette 1997, No 134
β¨ LLM interpretation of page content
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Financial Statements of Waipa Power Limited
(continued from previous page)
π Trade, Customs & IndustryFinancial Statements, Fixed Assets, Freehold Land, Freehold Buildings, Generation, Motor Vehicles, Plant, Furniture and Fittings, Contingent Liabilities, Capital Commitments