✨ Financial Statements




3232 NEW ZEALAND GAZETTE No. 134

Line Business

1999 ($000s) 1998 ($000s)

6 Current assets

Cash and Bank 85,919 -
Trade debtors 4,467 5,240
Due from parent - 5,974
Other assets 18 914
Tax recoverable - 969


                          90,404    13,097

7 Fixed Assets

Freehold Land and Buildings

Land

  • At cost 85 -
  • At valuation 744 754

Buildings

  • At cost 1,355 1,355
  • At valuation 1,366 2,252
                            3,550     4,361

Accumulated depreciation

  • At cost (393) (250)
  • At valuation (41) (200)

    Net book value 3,116 3,911

Vehicles

Cost 525 395
Accumulated depreciation (282) (339)


Net book value 243 56

Furniture, Plant and Equipment

Cost 7,056 2,142
Accumulated depreciation (3,892) (1,485)


Net book value 3,164 657

Distribution System

Cost 10,438 1,930
Valuation 127,380 127,380


                        137,818   129,310

Accumulated depreciation

  • At cost (207) -
  • At Valuation (3,694) -

    Net book value 133,917 129,310



Next Page →

PDF embedding disabled (Crown copyright)

View this page online at:


VUW Te Waharoa PDF NZ Gazette 1999, No 134


NZLII PDF NZ Gazette 1999, No 134





✨ LLM interpretation of page content

🏭 Notes to the Financial Statements for WEL Energy Group Limited (continued from previous page)

🏭 Trade, Customs & Industry
Financial statements, Revenue, Operating expenditure, Line business, Depreciation, Corporate overheads, Salaries, Billing, Consultancy, Legal fees, Interest, Audit fees, Asset sales, Bad debts