New Zealand Gazette – 2003 – No. 103

Page 2745

✨ Annual ODV Reconciliation Report

18 AUGUST
NEW ZEALAND GAZETTE
2745

Regulation 16A

Annual ODV Reconciliation Report

Year ending	2003 $000's	2002 $000's	2001 $000's	2000 $000's
System fixed assets at ODV - end of previous year	442,840	435,510	405,978	448,457
Add system fixed assets acquired during the year at ODV	27,687	30,506	24,824	15,426
Less system fixed assets disposed of during the year at ODV	(594)	(914)	(2,116)	(551)
Less depreciation on system fixed assets at ODV	(16,551)	(15,674)	(14,425)	(15,404)
Add revaluations of system fixed assets	-	(6,588)	21,249	(50,015)
Equals system fixed assets at ODV - end of the financial year	453,382	442,840	435,510	397,913

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.

VUW Te Waharoa — NZ Gazette 2003, No 103

Gazette.govt.nz — NZ Gazette 2003, No 103

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✨ LLM interpretation of page content

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

Domain🌾 Primary Industries & Resources
KeywordsElectricity, Financial performance, Efficiency measures, Return on funds, Return on equity, Return on investment, Line costs, ODV reconciliation, System fixed assets

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