New Zealand Gazette – 2000 – No. 102

Page 2543

✨ Financial Statements

22 AUGUST

NEW ZEALAND GAZETTE

2543

9. FIXED ASSETS

| | Cost | Accumulated | Net Book |
| | $000 | Depreciation| Value |
| | | $000 | $000 |
|--------------------------|-------|-------------|------------|
| 2000 | | | |
| System fixed assets | 54,482| 18,737 | 35,745 |
| Consumer billing & | 568 | 457 | 111 |
| information systems | | | |
| Motor vehicles | 545 | 285 | 260 |
| Office equipment | 3,279 | 2,150 | 1,129 |
| Land | 895 | - | 895 |
| Buildings | 2,377 | 618 | 1,759 |
| Capital works under | 7,431 | 1,109 | 6,322 |
| construction | | | |
| Other fixed assets | - | - | - |
| Total | 69,577| 23,356 | 46,221 |

| | 1999 | | |
| System fixed assets | 47,855| 16,586 | 31,269 |
| Consumer billing & | 568 | 384 | 184 |
| information systems | | | |
| Motor vehicles | 1,183 | 630 | 553 |
| Office equipment | 3,323 | 2,436 | 887 |
| Land | 895 | - | 895 |
| Buildings | 2,296 | 559 | 1,737 |
| Capital works under | 7,372 | 840 | 6,532 |
| construction | | | |
| Other fixed assets | - | - | - |
| Total | 63,492| 21,435 | 42,057 |

The major property holding of the Line business comprised the depot complex at Glasgow Road and Nelson Street, Pukekohe. This property was valued as at 1 September 1998 by Quotable New Zealand as part of a General Revaluation by the Franklin District Council. This valuation amounted to $1,805,000. The accounting book value in the Financial Statements in respect of this property as at 31 March 2000 was $1,851,000.

Other properties with a total accounting book value amounting to $803,000 were not included in the above valuation.

VUW Te Waharoa — NZ Gazette 2000, No 102

Gazette.govt.nz — NZ Gazette 2000, No 102

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

✨ LLM interpretation of page content

🏭 Counties Power Limited Financial Performance (continued from previous page)

Domain🏭 Trade, Customs & Industry
KeywordsElectricity, Financial Performance, Revenue, Expenditure, Surplus, Tax, Equity, Dividend, Depreciation, Taxation, Accounting Policy

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