New Zealand Gazette – 2002 – No. 113

Page 3006

✨ Financial Statements

HORIZON ENERGY DISTRIBUTION LIMITED

Financial Statements for the purposes of the Electricity (Information Disclosure) Regulations 1999 and the Electricity (Information Disclosure) Amendment Regulations 2000, 2001

NOTES TO THE FINANCIAL STATEMENTS

	Lines Business 2002 $000	Lines Business 2001 $000
9 FIXED ASSETS
Fixed Assets comprise:

Land

| | Cost | 146 | 146 |

Buildings

| | Cost | 371 | 371 |
| | Accumulated Depreciation | (115) | (109) |
| | Net book value | 256 | 262 |

Plant and Equipment

| | Cost | 179 | 174 |
| | Accumulated Depreciation | (98) | (74) |
| | Net book value | 81 | 100 |

Furniture and Fittings

| | Cost | 54 | 53 |
| | Accumulated Depreciation | (45) | (42) |
| | Net book value | 9 | 11 |

Motor Vehicles

| | Cost | 120 | 152 |
| | Accumulated Depreciation | (87) | (129) |
| | Net book value | 33 | 23 |

Consumer Billing and Information System Equipment

| | Cost | 1,098 | 963 |
| | Accumulated Depreciation | (741) | (620) |
| | Net book value | 357 | 343 |

Office Equipment

| | Cost | 57 | 42 |
| | Accumulated Depreciation | (42) | (41) |
| | Net book value | 15 | 1 |

System Fixed Assets

| | Valuation | 68,302 | 66,572 |
| | Accumulated Depreciation | (4,309) | (2,152) |
| | Net book value | 63,993 | 64,420 |

Totals

| | Cost or Valuation | 70,327 | 68,473 |
| | Accumulated Depreciation | (5,437) | (3,167) |
| Total Fixed Assets |
| | Net book value | 64,890 | 65,306 |

VUW Te Waharoa — NZ Gazette 2002, No 113

Gazette.govt.nz — NZ Gazette 2002, No 113

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✨ LLM interpretation of page content

🏗️ Financial Statements of Horizon Energy Distribution Limited (continued from previous page)

Domain🏗️ Infrastructure & Public Works
KeywordsElectricity, Financial Performance, Revenue, Expenditure, Taxation, Horizon Energy, Distribution

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