New Zealand Gazette – 2002 – No. 122

Page 3266

✨ Financial Statements

3266 NEW ZEALAND GAZETTE No. 122

2.5 NOTES TO AND FORMING PART OF THE FINANCIAL STATEMENTS (continued)

	2002	2001
	($000)	($000)

11 OTHER TANGIBLE ASSETS

Term prepayments | 6,761 | -
Taxation receivable | 2,345 | 19,116
Lease | 1,502 | 1,506

Leases comprise | |

| | |
|------------------------|-----------|-----------|
| Gross amount | 4,550 | 4,733 |
| Unearned interest | 3,034 | 3,159 |
| Net amount | 1,516 | 1,574 |
| Long term | 1,502 | 1,506 |
| Current | 14 | 68 |
| Interest rate | 8.00% | 8.00% |
| Term | 40 years | 40 years |

Relating to floodlighting and high tension reticulation systems and other electrical works at the North Harbour Stadium

Total | 10,608 | 20,622

12 GOODWILL

	2002	2001
Opening balance	1,556	1,643
Amortised during the period	(87)	(87)
Closing balance	1,469	1,556

13 IDENTIFIABLE INTANGIBLES

	2002	2001
Opening balance	505,846	518,784
Adjustment to opening balance	-	451
Amortised during the period	(13,380)	(13,389)
Closing balance	492,466	505,846

VUW Te Waharoa — NZ Gazette 2002, No 122

Gazette.govt.nz — NZ Gazette 2002, No 122

Parliament House (depicted) was completed in 1918 and remains the primary seat of Parliament.

✨ LLM interpretation of page content

💰 Notes to Financial Statements for the year ended 31 March 2002 (continued from previous page)

Domain💰 Finance & Revenue
KeywordsFinancial Statements, Other Tangible Assets, Goodwill, Identifiable Intangibles

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