New Zealand Gazette – 2000 – No. 97

Page 2426

✨ Financial Statements



2426
NEW ZEALAND GAZETTE
No. 97

HORIZON ENERGY DISTRIBUTION LIMITED
Financial Statements for the purposes of the Electricity (Information Disclosure) Regulations 1999 and the Electricity (Information Disclosure) Amendment Regulations 2000

NOTES TO THE FINANCIAL STATEMENTS

9 FIXED ASSETS
Fixed Assets comprise:

Lines Business 2000 $000 Lines Business 1999 $000
Land
Cost 151 246
Accumulated Depreciation (5) (6)
Net book value 146 240
Buildings
Cost 371 703
Accumulated Depreciation (102) (174)
Net book value 269 529
Plant and Equipment
Cost 632 631
Accumulated Depreciation (516) (665)
Net book value 116 (34)
Furniture and Fittings
Cost 123 193
Accumulated Depreciation (109) (159)
Net book value 14 34
Motor Vehicles
Cost 152 199
Accumulated Depreciation (113) (98)
Net book value 39 101
Consumer Billing and Information System Equipment
Cost 1,914 2,525
Accumulated Depreciation (1,382) (1,935)
Net book value 532 590
Office Equipment
Cost 117 280
Accumulated Depreciation (112) (18)
Net book value 5 262
System Fixed Assets
Valuation 65,128 66,961
Accumulated Depreciation - (2,488)
Net book value 65,128 64,473
Totals
Cost or Valuation 68,588 71,738
Accumulated Depreciation (2,339) (5,543)
Net book value 66,249 66,195

Current government valuations for land and buildings are $561,000. The valuations are predominantly dated September 1998 with one valuation dated September 1997.



Next Page →



Online Sources for this page:

VUW Te Waharoa — PDF NZ Gazette 2000, No 97


Gazette.govt.nz — PDF NZ Gazette 2000, No 97




✨ LLM interpretation of page content

🏭 Financial Statements for Horizon Energy Distribution Limited (continued from previous page)

🏭 Trade, Customs & Industry
Electricity, Financial Performance, Accounting Policies, Revenue, Depreciation, Fixed Assets, Inventories, Accounts Receivable, Taxation, Cash Flows, Financial Instruments