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New Zealand Gazette – 1997 – No. 91

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✨ Financial Statements

NEW ZEALAND GAZETTE

No. 91

Wairarapa Electricity Limited and Subsidiary Companies

Notes to the Financial Statements

Fixed Assets

Fixed assets with their costs and accumulated depreciation are:

	Line Business 1997 $000's	Energy and Other Business 1997 $000's	Line Business 1996 $000's	Energy and Other Business 1996 $000's
Freehold land and improvements
- at Cost	107	6	81	6
- at Directors' Valuation	-	2,058	-	3,840
	107	2,064	81	3,846

| Buildings |
| - at Cost | 742 | 50 | 403 | 334 |
| - at Directors' Valuation | - | 791 | - | - |
| less Accumulated Depreciation | (367) | (27) | (200) | (165) |
| | 375 | 814 | 203 | 169 |

| Distribution System |
| - at Cost | 86 | - | 30,856 | - |
| - at Independent Valuation | 60,117 | - | - | - |
| | 60,203 | - | 30,856 | - |

| Generation Work in Progress |
| less Accumulated Depreciation | - | 8,392 | - | 353 |
| | - | (594) | - | (258) |
| | - | 7,798 | - | 5,715 |

| Plant and Equipment |
| less Accumulated Depreciation | 1,392 | 481 | 571 | 964 |
| | (1,030) | (277) | (388) | (582) |
| | 362 | 204 | 183 | 382 |

| Motor Vehicles |
| less Accumulated Depreciation | 231 | 1,434 | 191 | 1,350 |
| | (163) | (756) | (127) | (683) |
| | 68 | 678 | 64 | 667 |

| Capital Work in Progress | 73 | - | - | - |

| Total Fixed Assets | 61,188 | 11,558 | 31,387 | 10,779 |

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VUW Te Waharoa — NZ Gazette 1997, No 91

NZLII — NZ Gazette 1997, No 91

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✨ LLM interpretation of page content

🏭 Financial Statements for Wairarapa Electricity Limited (continued from previous page)

Domain🏭 Trade, Customs & Industry
KeywordsFinancial Statements, Wairarapa Electricity Limited, Fixed Assets, Line Business, Energy Business

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