✨ Financial Statements
NEW ZEALAND GAZETTE
No. 91
WAIPA NETWORKS LIMITED - LINES BUSINESS
| 2001 | 2000 | |
|---|---|---|
| $ | $ |
8 CREDITORS
Accounts payable and accruals - trade
614,633 | 615,265
Employee entitlements
64,744 | 68,770
Payables to Directors
-
| 6,229
Total Creditors
679,377 | 690,264
9 FIXED ASSETS
Freehold Land
Cost
1,610 | 1,610
Freehold Buildings
Cost
815,860 | 794,751
Accumulated Depreciation
151,010 | 142,700
Net Book Value
664,850 | 652,051
Reticulation Assets
Cost - additions since 1 April 1998
3,020,033 | 1,858,964
Valuation
43,011,008 | 43,011,008
Total Cost/Valuation
46,031,041 | 44,869,972
Accumulated Depreciation at cost
86,377 | 47,785
Accumulated Depreciation at valuation
2,150,550 | 1,075,275
Net Book Value
43,794,114 | 43,746,912
Motor Vehicles
Cost
150,825 | 183,270
Accumulated Depreciation
88,719 | 91,476
Net Book Value
62,106 | 91,794
Plant, Furniture and Fittings
Cost
1,571,987 | 1,542,703
Accumulated Depreciation
1,373,399 | 1,269,420
Net Book Value
198,588 | 273,283
Total Net Book Value
44,721,268 | 44,765,650
The Reticulation Assets were revalued by E W Graham, B.E. (Elect), F.I.P.E.N.Z. and PriceWaterhouseCoopers on 1 April 1998 to a value of $43,011,008 on an optimised depreciated replacement cost basis.
The fair value of Land and Buildings is assessed at $700,000 based on a valuation by Quotable Value New Zealand as at 1 September 1999 for GV purposes.
Next Page →
Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 2001, No 91
Gazette.govt.nz —
NZ Gazette 2001, No 91
✨ LLM interpretation of page content
🏭
Financial Position Statement for Waipa Networks Limited
(continued from previous page)
🏭 Trade, Customs & Industry6 August 2001
Financial Statements, Creditors, Fixed Assets, Waipa Networks Limited