New Zealand Gazette – 2001 – No. 87

Page 2255

✨ Annual Valuation Reconciliation

13 AUGUST
NEW ZEALAND GAZETTE
2255

ANNUAL VALUATION RECONCILIATION REPORT

Fixed Assets (see Note 9 of the financial statements) incorporate Distribution System fixed assets valued on the basis of ODV, revalued every three years in these accounts. This year distribution assets were revalued as at 31 March 2000 in accordance with the fourth edition of the Handbook for Optimised Deprival Value for System Fixed Assets of Electricity Line Businesses. A reconciliation of movements in the ODV carrying value follows:

Lines Business 2001 $000
65,128
436
(90)
65,474
1,526
(2,152)
(428)
64,420

System fixed assets at ODV - end of the previous financial year
Add Land and Buildings at ODV - end of the previous financial year
Less revaluations of system fixed assets
Equals total system fixed assets at ODV as at 31 March 2000 as per valuation dated 9 July 2001

Add system fixed assets acquired during the year at cost
Less system fixed assets disposed of during the year at ODV
Less depreciation on system fixed assets at ODV
Less ODV of distribution system land and buildings classified separately in Note 9 of the financial statements
Equals system fixed assets at ODV - end of the financial year

VUW Te Waharoa — NZ Gazette 2001, No 87

Gazette.govt.nz — NZ Gazette 2001, No 87

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

✨ LLM interpretation of page content

💰 Performance Measures for Horizon Energy Distribution Limited (continued from previous page)

Domain💰 Finance & Revenue
KeywordsElectricity, Performance Measures, Energy Delivery, Efficiency, Regulations, Reliability, SAIFI, CAIDI

💰 Annual Valuation Reconciliation Report

Domain💰 Finance & Revenue
KeywordsFixed Assets, ODV, Revaluation, Financial Statements, Distribution System

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