✨ Financial Statements
VECTOR Limited
Electricity Lines Business
Notes to the Financial Statements
For the year ended 31 March 2001
| 2001 | 2000 | |
|---|---|---|
| $000 | $000 |
14. FIXED ASSETS
System fixed assets
Distribution system at valuation | 818,000 | 691,601
Distribution land at valuation | 20,047 | 17,589
Distribution buildings at valuation | 16,172 | 17,734
| Total | 854,219 | 726,924
Accumulated depreciation
Distribution system | - | (18,400)
Distribution buildings | - | (942)
| - | (19,342)
Net book value | 854,219 | 707,582
Consumer billing and information system assets
Consumer billing and information system assets at cost | 58,211 | 54,885
Accumulated depreciation | (23,453)| (21,546)
Net book value | 32,758 | 33,339
Motor vehicles
Motor vehicles at cost | 370 | 470
Accumulated depreciation | (190) | (213)
Net book value | 180 | 257
Office equipment
Office equipment at cost | 6,355 | 4,264
Accumulated depreciation | (4,143)| (3,726)
Net book value | 2,212 | 538
Land at cost | 597 | 597
Buildings
Buildings at cost | 5,307 | 3,253
Accumulated depreciation | (631) | (524)
Net book value | 4,676 | 2,729
Capital works under construction | 33,027 | 143,790
Total net book value | 927,669 | 888,832
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Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 2001, No 105
Gazette.govt.nz —
NZ Gazette 2001, No 105
✨ LLM interpretation of page content
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Vector Limited Notes to the Financial Statements
(continued from previous page)
🏭 Trade, Customs & IndustryFinancial Statements, Fixed Assets, Distribution System, Consumer Billing, Motor Vehicles, Office Equipment, Land, Buildings, Capital Works