New Zealand Gazette – 2002 – No. 104

Page 2826

✨ Financial Statements



2826

NEW ZEALAND GAZETTE

No. 104

There were no loans owing externally at year-end (2001 Nil), however a standby facility was in place. There was no security held over the assets of the company (2001 Nil), although a negative pledge agreement exists.

Interest has been charged in respect of the loan provided by the Other Business at the rate of 6.0%.

  1. PAYABLES AND ACCRUALS
2002 2001
Accounts Payable 2,295 2,828
Other Accruals 67 180
Accrued Payroll 124 126
2,486 3,134
  1. FIXED ASSETS
System fixed assets: Cost/Valuation $000 Accumulated Depreciation $000 Net Book Value $000
At cost 8,599 97 8,502
At valuation 83,967 2,748 81,219
Capital works under construction 228 - 228
Motor vehicles 450 268 182
Consumer billing & information systems 601 568 33
Office equipment 4,073 2,692 1,381
Land 895 - 895
Buildings 2,410 724 1,686
Other fixed assets - - -
101,223 7,097 94,126

2001

System fixed assets at valuation 83,967 - 83,967
Capital works under construction 1,945 - 1,945
Motor vehicles 548 294 254
Consumer billing & information systems 568 489 79
Office equipment 3,795 2,452 1,343
Land 895 - 895
Buildings 2,411 672 1,739
Other fixed assets - - -
94,129 3,907 90,222


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Online Sources for this page:

VUW Te Waharoa — PDF NZ Gazette 2002, No 104


Gazette.govt.nz — PDF NZ Gazette 2002, No 104




✨ LLM interpretation of page content

🏭 Counties Power Limited Statement of Financial Notes (continued from previous page)

🏭 Trade, Customs & Industry
Electricity, Financial Statements, Revenue, Operating Expenditure, Line Business, Accounting