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New Zealand Gazette – 1998 – No. 156

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✨ Financial Statements

NEW ZEALAND GAZETTE

No. 156

BAY OF PLENTY ELECTRICITY LIMITED

Special Purpose Financial Statements

Electricity (Information Disclosure) Regulations 1994

Notes to the Financial Statements

for the 12 Months ended 31 March 1998

	Network		Generation		Energy Trading
	1998	1997	1998	1997	1998	1997
	$000	$000	$000	$000	$000	$000

16 Fixed Assets

Fixed Assets At 31 March Comprise:

Land

Cost 296 | 285 | 652 | 242 | 6 | 15
Accumulated Depreciation (5) | (3) | - | - | - | -
Book Value 291 | 282 | 652 | 242 | 6 | 15

Generating Structures

Valuation - | - | 51,163 | 12,232 | - | -
Accumulated Depreciation - | - | (1,098) | (549) | - | -
Book Value - | - | 50,065 | 11,683 | - | -

Other Buildings

Cost 1,322 | 1,321 | 284 | 141 | 253 | 253
Accumulated Depreciation (317) | (297) | (34) | (32) | (60) | (57)
Book Value 1,005 | 1,024 | 250 | 109 | 193 | 196

Distribution System

Valuation 72,324 | 68,193 | - | - | - | -
Accumulated Depreciation (1,413) | - | - | - | - | -
Book Value 70,911 | 68,193 | - | - | - | -

Generation Plant

Valuation - | - | 62,452 | 82,822 | - | -
Accumulated Depreciation - | - | (3,077) | (1,295) | - | -
Book Value - | - | 59,375 | 81,527 | - | -

Plant and Equipment

Cost 3,066 | 2,310 | 700 | 766 | 483 | 471
Accumulated Depreciation (2,011) | (1,637) | (567) | (543) | (391) | (334)
Book Value 1,055 | 673 | 133 | 223 | 92 | 137

Motor Vehicles

Cost 424 | 574 | 153 | 179 | 19 | 32
Accumulated Depreciation (172) | (337) | (62) | (105) | (8) | (19)
Book Value 252 | 237 | 91 | 74 | 11 | 13

Furniture and Fittings

Cost 313 | 315 | 77 | 73 | 130 | 131
Accumulated Depreciation (252) | (233) | (59) | (54) | (104) | (96)
Book Value 61 | 82 | 18 | 19 | 26 | 35

Total Fixed Assets

Cost or Valuation 77,745 | 72,998 | 115,481 | 96,455 | 891 | 902
Accumulated Depreciation (4,170) | (2,507) | (4,897) | (2,578) | (562) | (506)
Book Value 73,575 | 70,491 | 110,584 | 93,877 | 329 | 396

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VUW Te Waharoa — NZ Gazette 1998, No 156

NZLII — NZ Gazette 1998, No 156

The General Assembly Library (on the right) was completed in 1899 and survived the 1907 fire. Now the oldest remaining original Parliament building, still used as the Parliamentary Library.

✨ LLM interpretation of page content

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

Domain🏭 Trade, Customs & Industry
KeywordsElectricity, Financial Statements, Bay of Plenty, Regulations, Revenue, Operating Expenses, Surplus, Taxation, Share Capital, Reserves, Dividends, Investments

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