✨ Financial Statements




WEL NETWORKS LIMITED

Line Business

2002 ($000s) 2001 ($000s)

6 Current assets

  • Cash and Bank | 7,600 | 6,236 |

  • Trade debtors | 4,947 | 5,766 |

  • Short term investments | - | - |

  • Inventories | - | 19 |

  • Other assets | 33 | - |

  • Tax recoverable | 3,010 | 319 |

    Total Current Assets | 15,590 | 12,340 |

7 Fixed Assets

Freehold Land and Buildings

  • Land |

    • At cost | 67 | - |
    • At valuation | 996 | 996 |
  • Buildings At valuation | 1,111 | 1,080 |

    Total (Land and Buildings) | 2,174 | 2,076 |

  • Accumulated depreciation | (33) | - |

    At valuation | 2,141 |

    Net book value | 2,141 | 2,076 |

Vehicles

  • Cost | 408 | 442 |
  • Accumulated depreciation | (147) | (188) |
  • Net book value | 261 | 254 |

Furniture, Plant and Equipment

  • Cost | 10,250 | 10,130 |
  • Accumulated depreciation | (7,742) | (6,739) |
  • Net book value | 2,508 | 3,391 |


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Online Sources for this page:

VUW Te Waharoa PDF NZ Gazette 2002, No 118


Gazette.govt.nz PDF NZ Gazette 2002, No 118





✨ LLM interpretation of page content

🏭 WEL Networks Limited Notes to the Financial Statements (continued from previous page)

🏭 Trade, Customs & Industry
Financial statements, Current assets, Fixed assets, Land, Buildings, Vehicles, Furniture, Plant, Equipment