✨ Financial Statements Notes
4206 No. 162
NEW ZEALAND GAZETTE
TRANSPOWER NEW ZEALAND LIMITED LINES BUSINESS
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2000
13. CAPITAL
Transpower has contributed paid in capital of $1,200,000,000 (1999: $1,200,000,000).
14. RESERVES
| LINES BUSINESS 2000 | LINES BUSINESS 1999 | |
|---|---|---|
| $000 | $000 |
Capital redemption reserve
Balance at the beginning of the year | 8 | 8 |
Movements during the year | - | - |
Balance at the end of the year | 8 | 8 |
Asset revaluation reserve
Balance at the beginning of the year | - | - |
Revaluation (devaluation) of assets* | $4,096 | (14,113) |
Transfer to retained earnings | - | - |
Transfer to statement of financial performance | (54,096) | 14,113 |
Balance at the end of the year | - | - |
Total reserves | $8 | $8 |
*Transpower's Asset Revaluation Reserve has a debit balance and consequently revaluations flow through the Statement of Financial Performance.
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Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 2000, No 162
Gazette.govt.nz —
NZ Gazette 2000, No 162
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Transpower New Zealand Limited Notes to the Financial Statements
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🏭 Trade, Customs & IndustryFinancial Statements, Capital, Reserves, Asset Revaluation