New Zealand Gazette – 1998 – No. 152

Page 3678

✨ Financial Statements

3678 NEW ZEALAND GAZETTE No. 152

Notes to and Forming Part of the Financial Statements

For the Year Ended 31 March 1998

Fixed Assets as at 31 March 1997

	Gas Distribution 1997 $000	Gas Retailing 1997 $000	Other 1997 $000
Land
Capital value	54	46	2,048

| Buildings | | | |
| Capital value | 261 | 225 | 9,970 |
| less Accumulated depreciation | 29 | 25 | 1,122 |
| | 232 | 200 | 8,848 |

| Furniture and Fittings | | | |
| Capital value | 80 | 69 | 3,046 |
| less Accumulated depreciation | 48 | 41 | 1,829 |
| | 32 | 28 | 1,217 |

| Office Equipment | | | |
| Capital value | 253 | 218 | 9,640 |
| less Accumulated depreciation | 132 | 113 | 5,028 |
| | 121 | 105 | 4,612 |

| Motor Vehicles | | | |
| Capital value | 80 | 69 | 3,038 |
| less Accumulated depreciation | 58 | 50 | 2,218 |
| | 22 | 19 | 820 |

| Network Systems and Generation |
| Capital value | 28,558 | | 154,084 |
| less Accumulated depreciation | 28,558 | | 154,084 |

| Work in Progress | 26 | 21 | 1,016 |

| Total Fixed Assets | $29,045 | $419 | $172,645 |

OPERATING REVENUE

Operating Revenue for the year ended 31 March 1998

	Gas Distribution 1998 $000	Gas Retailing 1998 $000	Other 1998 $000
Comprises:
Sales	9,066	7,334	148,954
Profit on Sale of Investments			1,875
Interest revenue	27	9	330
Dividend revenue			1,387
	9,093	7,343	152,546

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VUW Te Waharoa — NZ Gazette 1998, No 152

NZLII — NZ Gazette 1998, No 152

Parliament House (depicted) was completed in 1918 and remains the primary seat of Parliament.

✨ LLM interpretation of page content

🏭 Powerco Limited Gas Information Disclosure (continued from previous page)

Domain🏭 Trade, Customs & Industry
KeywordsGas, Information Disclosure, Regulations, Powerco Limited, Financial Statements, Certification, Fixed Assets

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