New Zealand Gazette – 2003 – No. 125

Page 3358

✨ Financial Statements Notes



NEW ZEALAND GAZETTE

No. 125

CENTRALINES LIMITED - LINES BUSINESS

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDING 31 MARCH 2003

2003 2002
$'000 $'000

(iii) Fair and market value information

Listed securities
The market value is based on prices quoted on the stock exchanges at balance date.

| | 1,275 | 1,442 |

(iv) Fixed interest securities - maturity dates

The range of interest rates on investments were:

Short term bank investments
| | 5.1% - 5.85% | 4.8% - 6.55% |

Listed Securities and Government Bonds

Maturing Interest rate ranges
1 year 6.0% - 6.5%
2 years 7.6% - 9.0%
3 years 8.0% - 9.3%
4 years and beyond 6.8% - 7.5%

(v) Fixed interest securities - maturity dates

The fixed interest securities held at balance date will mature at varying times between 15 April 2003 and 15 March 2007 and any related discount or premium at acquisition is amortised over the lives of these assets.

Note 7: Property, plant equipment

Distribution assets

2003 2002
At valuation - 31 March 2001 24,257 24,257
At cost 3,020 1,399
Accumulated depreciation (1,637) (624)
Total carrying amount of distribution assets 25,640 25,032

Freehold land
At cost 18 18
Total carrying amount of freehold land 18 18

Freehold buildings
At cost 0 0
Accumulated depreciation 0 0
Total carrying amount of freehold buildings 0 0

Motor vehicles
At cost 14 14
Accumulated depreciation (3) (2)
Total carrying amount of motor vehicles 11 12

Plant and equipment and tools
At cost 0 0
Accumulated depreciation 0 0
Total carrying amount of plant and equipment and tools 0 0

Office and Computer equipment
At cost 0 0
Accumulated depreciation 0 0
Total carrying amount of office and computer equipment 0 0

Total Property, plant equipment

2003 2002
At valuation 24,257 24,257
At cost 3,052 1,431
Accumulated depreciation (1,640) (626)
Total carrying amount of property, plant equipment 25,669 25,062

The fair value of the land and buildings is not materially different from their carrying amounts.



Next Page →



Online Sources for this page:

VUW Te Waharoa — PDF NZ Gazette 2003, No 125


Gazette.govt.nz — PDF NZ Gazette 2003, No 125




✨ LLM interpretation of page content

🏭 Centralines Limited Financial Statements Notes (continued from previous page)

🏭 Trade, Customs & Industry
Financial Statements, Imputation Credit Account, Retained Earnings, Reserves, Receivable and Prepayments, Inventories, Investments, Fair and market value information, Listed securities, Fixed interest securities, Maturity dates, Property, plant equipment, Distribution assets, Freehold land, Freehold buildings, Motor vehicles, Plant and equipment and tools, Office and Computer equipment