✨ Financial Statements




2598 NEW ZEALAND GAZETTE No. 106

WAIPA POWER LIMITED - OTHER BUSINESS

1998 $
1997 $

10 FIXED ASSETS

Freehold Land
Cost 1,610 1,610

Freehold Buildings
Cost 774,664 774,664
Accumulated Depreciation 123,890 116,143
Net Book Value 650,774 658,521

Generation
Cost 1,322,547 1,322,547
Accumulated Depreciation 132,321 44,107
Net Book Value 1,190,226 1,278,440

Motor Vehicles
Cost 213,718 230,521
Accumulated Depreciation 118,999 141,990
Net Book Value 94,719 88,531

Plant, Furniture and Fittings
Cost 1,626,310 1,471,802
Accumulated Depreciation 1,169,263 1,023,696
Net Book Value 457,047 448,106

Total Net Book Value 2,394,376 2,475,208

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 1998 (1997 Nil).



Next Page →

PDF embedding disabled (Crown copyright)

View this page online at:


VUW Te Waharoa PDF NZ Gazette 1998, No 106


NZLII PDF NZ Gazette 1998, No 106





✨ LLM interpretation of page content

🏭 Notes to Financial Statements of Waipa Power Limited (continued from previous page)

🏭 Trade, Customs & Industry
Financial Statements, Fixed Assets, Freehold Land, Freehold Buildings, Generation, Motor Vehicles, Plant, Furniture and Fittings, Contingent Liabilities, Capital Commitments, Waipa Power Limited