New Zealand Gazette – 2001 – No. 106

Page 2715

✨ Financial Statements



THE POWER COMPANY LIMITED LINE BUSINESS

NOTES TO AND FORMING PART OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2001

1. RECEIVABLES

31 March 2001 31 March 2000
$000 $000
Trade Debtors 296 302
Other Debtors 80 118
Total 376 420

2. FIXED ASSETS

Cost or Valuation Accumulated Depreciation 31.3.2001 31.3.2000
$000 $000 $000 $000
System Fixed Assets 176,870 - 176,870 41,527
Customer Billing & Information 20 14 6 8
System Assets
Motor Vehicles 62 35 27 27
Office Equipment 923 668 255 222
Land & Buildings 2,319 437 1,882 1,740
Plant & Equipment 421 199 222 134
Total 180,615 1,353 179,262 43,658

Directors consider book value to be an indication of the fair value of Land and Buildings.

3. ACCOUNTS PAYABLE AND ACCRUALS

31 March 2001 31 March 2000
$000 $000
Accounts Payable and Accruals 3,571 3,608
Provision for Employee Entitlements 122 118
Total 3,693 3,726


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Online Sources for this page:

VUW Te Waharoa — PDF NZ Gazette 2001, No 106


Gazette.govt.nz — PDF NZ Gazette 2001, No 106




✨ LLM interpretation of page content

🏭 Electricity Information Disclosure by The Power Company Limited (continued from previous page)

🏭 Trade, Customs & Industry
Electricity, Financial Statements, Accounting Policies, Revenue, Expenditure, The Power Company Limited