β¨ Financial Statements Continuation
3134 NEW ZEALAND GAZETTE No. 115
o) Goodwill
The excess of cost over the fair value of the net assets acquired is recognised as goodwill, and is amortised to the Statement of Financial Performance over the expected period of the benefit, currently estimated to be up to 5 years.
p) Changes in Accounting Policies
There have been no changes to accounting policies. All policies have been applied on a basis consistent with prior years.
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Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 2003, No 115
Gazette.govt.nz —
NZ Gazette 2003, No 115
β¨ LLM interpretation of page content
π
Powerco Limited Financial Statements
(continued from previous page)
π Trade, Customs & Industry21 August 2003
Electricity, Financial Statements, Goodwill, Accounting Policies, Powerco Limited