New Zealand Gazette – 2002 – No. 115

Page 3087

✨ Financial Reconciliation Report

Regulation 16A

Annual ODV Reconciliation Report

| Year ending | 1999
$000's | 2000
$000's | 2001
$000's | 2002
$000's |
|------------|----------------|----------------|----------------|----------------|
| System fixed assets at ODV - end of previous year | 477,987 | 448,457 | 405,978 | 435,510 |
| Add system fixed assets acquired during the year at ODV | 14,156 | 15,426 | 24,824 | 30,506 |
| Less system fixed assets disposed of during the year at ODV | (30,215) | (551) | (2,116) | (914) |
| Less depreciation on system fixed assets at ODV | (15,405) | (15,404) | (14,425) | (15,674) |
| Add revaluations of system fixed assets | 1,934 | (50,015) | 21,249 | (6,588) |
| Equals system fixed assets at ODV - end of the financial year | 448,457 | 397,913 | 435,510 | 442,840 |

The March 2000 ODV has been restated as follows:

	$000's
System fixed asset ODV - 31 March 2000	397,913
Plus distribution system land	8,065
Restated 31 March 2000 ODV	405,978

Note that 2002's revaluation is primarily due to the Commerce Commission's 2001 ODV recalibration.

LexisNexis

VUW Te Waharoa — NZ Gazette 2002, No 115

Gazette.govt.nz — NZ Gazette 2002, No 115

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✨ LLM interpretation of page content

🏭 Disclosure of Financial and Efficiency Performance Measures by Line Owners (continued from previous page)

Domain🏭 Trade, Customs & Industry
KeywordsElectricity, Financial performance, Efficiency performance, Return on investment, Line costs

🏭 Annual ODV Reconciliation Report

Domain🏭 Trade, Customs & Industry
KeywordsODV, Financial reconciliation, System fixed assets, Revaluation, Commerce Commission

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