New Zealand Gazette – 2003 – No. 121

Page 3291

✨ Financial Statements



29 AUGUST

NEW ZEALAND GAZETTE

NOTES TO AND FORMING PART OF THE FINANCIAL STATEMENTS (Continued)

Line Business 2003 2002
$000's $000's

5. Fixed Assets

System Assets - At Valuation

  • 109,077

System Assets - At Cost

  • 7,035

Under Construction

  • 1,074

Less Accumulated Depreciation

  • (6,393)
  • $110,793

Centralised Load Equipment - At Valuation

  • 2,143

Centralised Load Equipment - At Cost

  • 19

Less Accumulated Depreciation

  • (214)
  • $1,948

Computer Equipment - At Cost

  • 1,085

Less Accumulated Depreciation

  • (922)
  • $163

Plant and Equipment - At Cost

  • 1,825

Less Accumulated Depreciation

  • (991)
  • $834

Motor Vehicles - At Cost

  • 249

Less Accumulated Depreciation

  • (180)
  • $69

Buildings - At Valuation

  • 3,350

Buildings - At Cost

  • 104

Less Accumulated Depreciation

  • (13)
  • $3,441

Land - At Valuation

  • $1,469

Total Fixed Assets

  • $118,717 | $110,291 (2002) | $118,500

6. Share Capital:

Authorised, issued and paid up capital

  • 27,739
  • Total Issued and Paid Up Capital
  • $27,739

7. Asset Revaluation Reserve:

Distribution System - Opening Balance

  • 77,044

  • Revaluation

  • Closing Balance

  • $77,044

Buildings - Opening Balance

  • 4,411

  • Revaluation

  • (235)

  • Closing Balance

  • $4,176

Land - Opening Balance

  • 606

  • Revaluation

  • 364

  • Closing Balance

  • $970

8. Retained Earnings:

Opening Balance

  • 9,299

Net Surplus After Taxation

  • 6,477

Total Available for Appropriation

  • 15,776

Dividends

  • (3,264)

Closing Balance

  • $12,512
2002
$000's

System Assets - At Valuation

  • 109,077

System Assets - At Cost

  • 4,124

Under Construction

  • 203

Less Accumulated Depreciation

  • (3,113)
  • $110,291

Centralised Load Equipment - At Valuation

  • 2,143

Less Accumulated Depreciation

  • (105)
  • $2,038

Computer Equipment - At Cost

  • 1,023

Less Accumulated Depreciation

  • (738)
  • $285

Plant and Equipment - At Cost

  • 1,799

Less Accumulated Depreciation

  • (842)
  • $957

Motor Vehicles - At Cost

  • 243

Less Accumulated Depreciation

  • (185)
  • $58

Buildings - At Valuation

  • 3,847

Less Accumulated Depreciation

  • (81)
  • $3,765

Land - At Valuation

  • $1,105

Total Fixed Assets

  • $118,500

Authorised, issued and paid up capital

  • $27,739

Distribution System - Opening Balance

  • 77,044

  • Closing Balance

  • $77,044

Buildings - Opening Balance

  • 4,411

  • Closing Balance

  • $4,411

Land - Opening Balance

  • 606

  • Closing Balance

  • $606

Opening Balance

  • 5,975

Net Surplus After Taxation

  • 4,932

Total Available for Appropriation

  • 10,907

Dividends

  • (1,608)

Closing Balance

  • $9,299


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Online Sources for this page:

VUW Te Waharoa — PDF NZ Gazette 2003, No 121


Gazette.govt.nz — PDF NZ Gazette 2003, No 121




✨ LLM interpretation of page content

💰 Notes to and Forming Part of the Financial Statements for the Year Ended 31 March 2003 (continued from previous page)

💰 Finance & Revenue
Financial Statements, Fixed Assets, Share Capital, Asset Revaluation, Retained Earnings, Northpower Ltd