New Zealand Gazette – 2003 – No. 111

Page 2945

✨ Financial Statements



22 AUGUST
NEW ZEALAND GAZETTE
2945

THE LINES COMPANY LIMITED-LINE BUSINESS ACTIVITY

NOTE 4 : TAXATION EXPENSE

Nominal Profit Before Tax 664 723
Prima Facie Taxation @ 33 % 219 239
Add/(Less) Effect of Permanent Tax Diff (346) (391)
Net Taxation Expense (127) (153)
Less Tax loss on Other - -
(127) (153)

NOTE 5 : FIXED ASSETS 2002

                                  at cost     at valuation   accumulated   carrying
                                                      depreciation     value
                                  $             $              $            $

Land and Buildings 721,694 260,302 311,859 670,137
Reticulation System 45,788,204 28,868,864 9,200,714 65,456,354
Customer billing and Information system 26,729 - 6,612 20,117
Motor Vehicles 671,544 - 383,963 287,581
Office Equipment 351,935 - 185,543 166,392
Other Plant & Equipment 377,805 - 302,452 75,353
Capital Work in Progress
Zone Substations 2,023,220 - - -
Distribution Lines & Cables 1,134,108 - - -
Medium Voltage Switchgear 62,145 - - -
Low Voltage Lines & Cables - - - -
Other Capital Works 652,346 - - -
51,809,729 29,129,166 10,391,143 70,547,752

FIXED ASSETS 2003

                                  at cost     at valuation   accumulated   carrying
                                                      depreciation     value
                                  $             $              $            $

Land and Buildings - 674,843 - 674,843
Reticulation System - 77,123,000 - 77,123,000
Customer billing and Information system 26,729 - 14,412 12,317
Motor Vehicles 676,591 - 518,363 158,228
Office Equipment 386,853 - 255,943 130,910
Other Plant & Equipment 381,883 - 374,052 7,831
Capital Work in Progress
Zone Substations - - - -
Distribution Lines & Cables - - - -
Medium Voltage Switchgear - - - -
Low Voltage Lines & Cables - - - -
Other Capital Works 157,805 - - 157,805
1,629,861 77,797,843 1,162,770 78,264,934



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VUW Te Waharoa — PDF NZ Gazette 2003, No 111


Gazette.govt.nz — PDF NZ Gazette 2003, No 111




✨ LLM interpretation of page content

💰 Notes to the Financial Statements for The Lines Company Limited (continued from previous page)

💰 Finance & Revenue
Financial Statements, Taxation Expense, Fixed Assets, Land and Buildings, Reticulation System, Customer Billing, Motor Vehicles, Office Equipment, Capital Work in Progress