β¨ Financial Statements
NEW ZEALAND GAZETTE
No. 120
MAINPOWER NEW ZEALAND LTD
Lines Business
Notes to and Forming Part of the Financial Statements
For The Year Ended 31 March 2001
| 2001 | |
|---|---|
| $000 |
| 2000 | |
|---|---|
| $000 |
3. Reserves
Company Establishment Reserve
Balance at 31 March | 4,647 | 4,647
Asset Revaluation Reserve
Opening Balance | 57,245 | 57,245
Revaluation Distribution System | 2,496 | -
Closing Balance | 59,741 | 57,245
Total Reserves | 64,388 | 61,892
The Company Establishment Reserve represents the difference between the issued and paid up capital and the net assets vested in the Company from the former North Canterbury Electric Power Board at 1 May 1993.
4. Retained Earnings
Opening Balance | 3,283 | 2,762
Dividend to Other Business Activities | - | (190)
Net Surplus | 1,699 | 711
Total Retained Earnings | 4,982 | 3,283
5. Fixed Assets
Distribution System
| 86,567 | 85,261
Accumulated Depreciation | - | 3,342
| 86,567 | 81,919
Load Control Equipment
| 794 | 3,112
Accumulated Depreciation | - | 357
| 794 | 2,755
System Fixed Assets
| 87,361 | 88,373
Accumulated Depreciation | - | 3,699
| 87,361 | 84,674
Motor Vehicles
| 283 | 234
Accumulated Depreciation | 190 | 140
| 93 | 94
Consumer Billing and Information System Assets
| 1,277 | 1,626
Accumulated Depreciation | 944 | 1,134
| 333 | 492
Office Equipment
| 750 | 585
Accumulated Depreciation | 500 | 286
| 250 | 299
Furniture and Fittings
| 260 | 269
Accumulated Depreciation | 162 | 155
| 98 | 114
Land and buildings
Capital works under construction | - | -
Other Fixed Assets
Accumulated Depreciation | - | -
Total Fixed Assets | 88,135 | 85,673
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Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 2001, No 120
Gazette.govt.nz —
NZ Gazette 2001, No 120
β¨ LLM interpretation of page content
π
Statement of Cash Flows for MainPower New Zealand Limited
(continued from previous page)
π Trade, Customs & IndustryCash Flows, Financial Statements, Operating Activities, Investing Activities, Financing Activities, MainPower New Zealand Limited