New Zealand Gazette – 2002 – No. 132

Page 3562

✨ Financial Valuation Report

CENTRALINES LIMITED - LINES BUSINESS

ANNUAL VALUATION RECONCILIATION REPORT - (Part 8)

FOR THE YEAR ENDED 31 MARCH 2002

	2002
	$'000

	2001
	$'000

System fixed assets at ODV at end of previous financial year extsuperscript{2} | 24,257 | 27,924

ADD system fixed assets acquired during the year at ODV extsuperscript{1} | 1,275 | 907

LESS system fixed assets disposed of during the year at ODV | 297 | 30

LESS depreciation on system fixed assets at ODV | 901 | 864

ADD revaluation of system fixed assets | 11 | (3,450)

System fixed assets at ODV at end of the financial year | 24,345 | 24,487

extsuperscript{1} The value of system fixed assets acquired during the financial year includes capitalised expenditure on replacement and refurbishment of system fixed assets.

extsuperscript{2} The value of system fixed assets at the end of the previous financial year was not accepted by the Commerce Commission. After reassessment and recalculation the 2001 ODV was re-audited and accepted by The Commerce Commission as per industry standards. The adjustment was made at this stage.

VUW Te Waharoa — NZ Gazette 2002, No 132

Gazette.govt.nz — NZ Gazette 2002, No 132

The Executive Wing of Parliament (depicted) is universally known as The Beehive. It was completed in 1977 and remains the primary office for the elected Government of the day.

✨ LLM interpretation of page content

🏭 Centralines Limited Annual Valuation Reconciliation Report (continued from previous page)

Domain🏭 Trade, Customs & Industry
KeywordsValuation, Financial Report, System Fixed Assets, ODV, Commerce Commission

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