New Zealand Gazette – 2000 – No. 77

Page 1845

✨ Financial Statements Notes



12 JULY NEW ZEALAND GAZETTE 1845

NOTE 2. RECEIVABLES

Trade Debtors 2000 1999
$ $
Accruals 109,748 1,332,858
45,200 105,780
$154,948 $1,438,638

NOTE 3. FIXED ASSETS

                                        2000        1999
                ODV/                  Accumulated   Carrying    Carrying
                Cost Price            Depreciation  Value       Value
                $                     $           $           $

System Fixed Assets 34,043,949 1,325,359 32,718,590 32,538,453
Motor Vehicles 35,594 22,030 13,564 28,745
Office Equipment, Furniture & EDP 474,072 355,834 118,238 205,832
Land & Buildings 225,480 49,683 175,797 254,557
Plant & Equipment 132,369 65,409 66,960 58,660
34,911,464 1,818,315 33,093,149 33,086,247

NOTE 4. RESERVES

                                        2000        1999
                                        $           $

Adverse Event Reserve 500,000 500,000
General Reserve 47,491 47,491
Revaluation Reserve 14,957,653 15,215,890
TOTAL $15,505,144 $15,763,381

NOTE 5. DIVIDEND

A notional Dividend of $1,750,000 is included in these accounts to reflect the anticipated position at 31 March, 2000. The Company’s financial year ends on 30 June, therefore no recommendation as to dividend will be made until after the final position is known.

NOTE 6. COMMITMENTS

                                        2000        1999
                                        $           $

GIS Mapping System $2,082 $30,309

Operating Lease Commitments at 31 March
Less than one year 36,000 29,000
Greater than one year but not more than two years 27,000 25,000
Greater than two years but not more than three years 14,000 29,000
$77,000 $83,000



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Online Sources for this page:

VUW Te Waharoa — PDF NZ Gazette 2000, No 77


Gazette.govt.nz — PDF NZ Gazette 2000, No 77




✨ LLM interpretation of page content

💰 Notes to Financial Statements (continued from previous page)

💰 Finance & Revenue
Financial Statements, Accounting Policies, Fixed Assets, Capital Expenditure, Revenue Expenditure, Depreciation, Receivables, Inventories, Income Tax, Work in Progress, Goods and Services Tax