New Zealand Gazette – 2001 – No. 72

Page 1711

✨ Financial Statements Notes



13 JULY
NEW ZEALAND GAZETTE
1711

NOTE 2. RECEIVABLES

2001 $ 2000 $
Trade Debtors 67,321 109,748
Accruals 28,285 45,200
$95,606 $154,948

NOTE 3. FIXED ASSETS

ODV/Cost Price $ Accumulated Depreciation $ Carrying Value $ Carrying Value $
2001 2000
System Fixed Assets 36,437,405 - 36,437,405 32,718,590
Motor Vehicles 30,883 17,294 13,589 13,564
Office Equipment, Furniture & EDP 482,676 343,655 139,021 118,238
Land & Buildings 216,653 57,293 159,360 175,797
Plant & Equipment 206,073 98,547 107,526 66,960
37,373,690 516,789 36,856,901 33,093,149

NOTE 4. RESERVES

2001 $ 2000 $
General Reserve 547,491 547,491
Revaluation Reserve 15,965,093 14,957,653
TOTAL $16,512,584 $15,505,144

NOTE 5. DIVIDEND

A notional Dividend of $2,000,000 is included in these accounts to reflect the anticipated position at 31 March, 2001. The Company’s financial year ends on 30 June, therefore no recommendation as to dividend will be made until after the final position is known.

NOTE 6. COMMITMENTS

GIS Mapping System 2001 $ 2000 $
$2,000 $2,082

Operating Lease Commitments at 31 March

| Less than one year | 34,000 | 36,000 |
| Greater than one year but not more than two years | 21,000 | 27,000 |
| Greater than two years but not more than three years | 5,000 | 14,000 |
| | $60,000 | $77,000 |



Next Page →



Online Sources for this page:

VUW Te Waharoa — PDF NZ Gazette 2001, No 72


Gazette.govt.nz — PDF NZ Gazette 2001, No 72




✨ LLM interpretation of page content

💰 Notes to Financial Statements for Electricity Invercargill Limited (continued from previous page)

💰 Finance & Revenue
Financial Statements, Receivables, Fixed Assets, Reserves, Dividend, Commitments