New Zealand Gazette – 2001 – No. 163

Page 3983

✨ Financial Statements



30 NOVEMBER

NEW ZEALAND GAZETTE

3983

TRANSPOWER NEW ZEALAND LIMITED LINES BUSINESS

NOTES TO THE FINANCIAL STATEMENTS continued

FOR THE YEAR ENDED 30 JUNE 2001

13. CAPITAL

Transpower has contributed paid in capital of $1,200,000,000 (2000: $1,200,000,000)

14. RESERVES

LINES BUSINESS 2001 LINES BUSINESS 2000
Capital redemption reserve
Balance at the beginning of the year $000 8
Movements during the year — —
Balance at the end of the year 8 8

| Asset revaluation reserve |
| Balance at the beginning of the year* | $(59,116) | 54,096 |
| Revaluation (devaluation) of fixed assets | — | — |
| Transfer to retained earnings | — | — |
| Transfer to statement of financial performance | 59,116 | (54,096) |
| Balance at the end of the year | 8 | 8 |
| Total reserves | 8 | 8 |

  • Transpower’s fixed assets were written down in previous years through the Statement of Financial Performance. Subsequent revaluations have not recovered this previous write down, hence such revaluations and any further devaluations are taken directly to the Statement of Financial Performance.


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Online Sources for this page:

VUW Te Waharoa — PDF NZ Gazette 2001, No 163


Gazette.govt.nz — PDF NZ Gazette 2001, No 163




✨ LLM interpretation of page content

🏭 Transpower New Zealand Limited Lines Business Financial Position (continued from previous page)

🏭 Trade, Customs & Industry
Financial Statements, Capital, Reserves, Asset Revaluation, Transpower Group