✨ Financial Statements Notes
3554
NEW ZEALAND GAZETTE
No. 132
NOTES TO THE FINANCIAL STATEMENTS
Note 6:
(i) Current
Short term deposits held with registered banks
2,850
3,500
2,850
3,500
Market fluctuations in interest rates affect the earnings on these investments but company policy of placing deposits with high credit quality financial institutions minimises its credit exposure.
(ii) Non-Current
These investments were established to contribute towards the cost of a catastrophe on the network assets.
Listed securities
0
2,154
0
2,154
(iii) Fair and market value information
Listed securities
The market value is based on prices quoted on the stock exchanges at balance date.
1,442
2,187
(iv) Fixed interest securities - maturity dates
The range of interest rates on investments were:
Short term bank investments
4.8% - 6.55%
6% - 10%
Bonds
6% - 9.30%
6% - 10%
(v) Fixed interest securities - maturity dates
The fixed interest securities held at balance date will mature at varying times between 15 February 2003 and 15 March 2007 and any related discount or premium at acquisition is amortised over the lives of these assets.
Note 7:
Property, plant equipment
Distribution assets
At valuation - 31 March 2001
24,257
27,847
At cost
1,399
2,476
Accumulated depreciation
(624)
(1,465)
Total carrying amount of distribution assets
25,032
28,858
Freehold land
At cost
18
18
Total carrying amount of freehold land
18
18
Freehold buildings
At cost
0
0
Accumulated depreciation
0
0
Total carrying amount of freehold buildings
0
0
Motor vehicles
At cost
14
31
Accumulated depreciation
(2)
(3)
Total carrying amount of motor vehicles
12
28
Plant and equipment and tools
At cost
0
0
Accumulated depreciation
0
0
Total carrying amount of plant and equipment and tools
0
0
Office and Computer equipment
At cost
0
338
Accumulated depreciation
0
(184)
Total carrying amount of office and computer equipment
0
154
Total Property, plant equipment
At valuation
24,257
27,847
At cost
1,431
2,863
Accumulated depreciation
(626)
(1,652)
Total carrying amount of property, plant equipment
25,062
29,058
Next Page →
Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 2002, No 132
Gazette.govt.nz —
NZ Gazette 2002, No 132
✨ LLM interpretation of page content
🏭
Financial Performance Indicators for Centralines Limited
(continued from previous page)
🏭 Trade, Customs & IndustryFinancial Performance, Efficiency Indicators, Energy Delivery, Statistics, Centralines Limited
🏭 Notes to the Financial Statements
🏭 Trade, Customs & IndustryFinancial Statements, Notes, Investments, Property, Plant, Equipment, Centralines Limited