✨ Financial Statements




2816 NEW ZEALAND GAZETTE No. 117

(4) Fixed Assets

Cost Accum Deprec 31.3.99 Net book value 31.3.98 Net book Value
System assets 41,953 17,092 24,861 22,109
Land 1,152 0 1,152 279
Buildings 3,546 457 3,089 279
Motor Vehicles 312 117 195 165
Plant 1,183 456 727 433
Furniture & fittings 243 203 40 2
Computer equipment 1,207 629 578 64
Office equipment 122 101 21 2
Corporate services assets 0 0 0 3,606
49,718 19,055 30,663 26,939

(5) Capital Work in Progress

31.3.99

Capital WIP is made up of the following items:

  • Subtransmission assets ... 77

  • Zone substations ... 37

  • Distribution lines and cables ... 516

  • Medium voltage switchgear ... 81

  • Distribution transformers ... 17

  • Distribution substations ... 88

  • Low voltage lines and cables ... 74

  • Other ... 21

                        911


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🏭 Central Electric Limited Statement of Accounting Policies (continued from previous page)

🏭 Trade, Customs & Industry
Accounting Policies, Financial Statements, Net Surplus, Current Assets, Current Liabilities