✨ Financial Statements Notes




21 SEPTEMBER NEW ZEALAND GAZETTE 3139

Notes to and Forming Part of the Financial Statements
For the Year Ended 31 March 1999

7 FIXED ASSETS

Fixed Assets as at 31 March 1999

Land
Capital value

Buildings
Capital value
less Accumulated depreciation

Furniture and Fittings
Capital value
less Accumulated depreciation

Office Equipment
Capital value
less Accumulated depreciation

Motor Vehicles
Capital value
less Accumulated depreciation

Network Systems
Capital value
less Accumulated depreciation

Work in Progress

Intangible Assets
Capital value
less Accumulated depreciation

Total Fixed Assets

Gas Gas
Distribution Distribution
1999 1998
$000 $000

29 32

         15
         15

686 783
399 372
286 411

1,523 1,444
1,030 815
493 629

82 79
33 45
49 34

47,118 40,411
13,200 12,418
33,918 27,993

244 194

1,578
5
1,573

$36,592 $29,308



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🏭 Certification of Financial Statements and Performance Measures for Powerco Limited (continued from previous page)

🏭 Trade, Customs & Industry
Gas, Information Disclosure, Financial Statements, Performance Measures, Powerco Limited, Accounting Policies, Fixed Assets, Depreciation, Receivables, Income Tax, Inventory, Investments, Revenue Recognition