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New Zealand Gazette – 2001 – No. 115

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✨ Financial Statements Notes

Notes to the financial statements (continued)

For the year ended 31 March 2001

| | 2001
$'000 | 2000
$'000 |
|----------------|---------|---------|

11) Fixed assets

System fixed assets at cost
51,101
Less accumulated depreciation
(17,780)
33,321

Customer billing & information system assets at cost
310
Less accumulated depreciation
(132)
178

Motor vehicles at cost
164
Less accumulated depreciation
(70)
94

Office equipment at cost
472
Less accumulated depreciation
(348)
124

Land & building at cost
136
Land and buildings at valuation
696
Less accumulated depreciation
(19)
813

Capital works under construction at cost
25

Other plant and equipment at cost
897
Less accumulated depreciation
(478)
419

| | 2001
$'000 | 2000
$'000 |
|----------------|---------|---------|
| System fixed assets |
51,101 |
41,892 |
| Less accumulated depreciation |
(17,780) |
(15,223) |
| Net System fixed assets |
33,321 |
26,669 |

| Customer billing & information system assets |
310 |
296 |
| Less accumulated depreciation |
(132) |
(170) |
| Net Customer billing & information system assets |
178 |
126 |

| Motor vehicles |
164 |
446 |
| Less accumulated depreciation |
(70) |
(171) |
| Net Motor vehicles |
94 |
275 |

| Office equipment |
472 |
888 |
| Less accumulated depreciation |
(348) |
(484) |
| Net Office equipment |
124 |
404 |

| Land & building at cost |
136 |
— |
| Land and buildings at valuation |
696 |
1,417 |
| Less accumulated depreciation |
(19) |
(38) |
| Net Land & building |
813 |
1,379 |

| Capital works under construction at cost |
25 |
581 |

| Other plant and equipment |
897 |
1,519 |
| Less accumulated depreciation |
(478) |
(821) |
| Net Other plant and equipment |
419 |
698 |

| Total fixed assets |
34,974 |
30,132 |

VUW Te Waharoa — NZ Gazette 2001, No 115

Gazette.govt.nz — NZ Gazette 2001, No 115

Parliament House (depicted) was completed in 1918 and remains the primary seat of Parliament.

✨ LLM interpretation of page content

💰 Notes to the financial statements (continued from previous page)

Domain💰 Finance & Revenue
KeywordsFinancial Statements, Fixed Assets, Depreciation, Valuation, Capital Works

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