New Zealand Gazette – 2000 – No. 103

Page 2576

✨ Company Financial Statements

NEW ZEALAND GAZETTE

No. 103

Centralines Limited – Line Business

Note 8 Assets

Directors approved the revaluation of Network Assets to $27,846,929 as at 31 March 1999 to the Optimised Deprival Value as valued by KPMG on 31 March 1999. The Network Assets are valued at this amount plus additions at cost for the period under review.

	2000
	$000
System Fixed Assets
Cost/Valuation	29,035
Less Accumulated Depreciation	726
Net Book Value	28,309

| Centralised Load Control Equipment | - | -
| Customer Billing and Information System Assets | - | -
| Motor Vehicles | |
| Cost | 65 |
| Less Accumulated Depreciation | 31 |
| Net Book Value | 34 | 46

| Office Equipment | |
| Cost | 528 |
| Less Accumulated Depreciation | 299 |
| Net Book Value | 229 | 39

| Land at Cost | 18 | 18

| Capital Works under Construction: |
| - subtransmission assets | - | -
| - zone substations | - | -
| - distribution lines and cables | - | -
| - medium voltage switchgear | - | -
| - distribution transformers | - | -
| - distribution substations | - | -
| - low voltage lines and cables | - | -
| - other System Fixed Assets (as per ODV Handbook) | - | -
| Other Fixed Assets | - | -

| | 28,590 | 27,950

VUW Te Waharoa — NZ Gazette 2000, No 103

Gazette.govt.nz — NZ Gazette 2000, No 103

The Executive Wing of Parliament (depicted) is universally known as The Beehive. It was completed in 1977 and remains the primary office for the elected Government of the day.

✨ LLM interpretation of page content

💰 Centralines Limited Financial Statements (continued from previous page)

Domain💰 Finance & Revenue
KeywordsFinancial Statements, Assets, Depreciation, Valuation, KPMG

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