New Zealand Gazette – 2003 – No. 133

Page 3609

✨ Vector Limited Financial Statements



VECTOR Limited

Electricity Lines Business

Notes to the Financial Statements

For the year ended 31 March 2003

2003 2002
$'000 $'000

14. PROPERTY, PLANT AND EQUIPMENT

System fixed assets

  • Distribution systems at valuation
    1,792,966 | 868,587

  • Distribution land at valuation
    42,603 | 20,240

  • Distribution buildings at valuation
    36,684 | 16,173

    Total at valuation
    1,872,253 | 903,000

  • Accumulated depreciation

    • Distribution systems
      •      | (22,987)
    • Distribution buildings
      •      | (953)

    Total accumulated depreciation

    •      | (23,940)

  • Net book value
    1,872,253 | 879,060

Consumer billing and information system assets

  • Consumer billing and information system assets at cost
    44,765 | 59,153

  • Accumulated depreciation
    (17,747) | (28,883)

    Net book value
    27,018 | 30,270

Motor vehicles

  • Motor vehicles at cost
    351 | 371

  • Accumulated depreciation
    (244) | (227)

    Net book value
    107 | 144

Other fixed assets

  • Other fixed assets at cost
    10,979 | 7,206

  • Accumulated depreciation
    (1,650) | (4,156)

    Net book value
    9,329 | 3,050

  • Land at valuation
    1,169 | 212

Buildings

  • Buildings at cost
    544 | 40

  • Accumulated depreciation
    (35) | (27)

    Net book value
    509 | 13

  • Buildings at valuation
    257 | -

  • Accumulated depreciation

    •      | -

    Net book value
    257 | -

Leasehold improvements

  • Leasehold improvements
    3,347 | 3,210

  • Accumulated depreciation
    (1,497) | (683)

    Net book value
    1,850 | 2,527



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Online Sources for this page:

VUW Te Waharoa — PDF NZ Gazette 2003, No 133


Gazette.govt.nz — PDF NZ Gazette 2003, No 133




✨ LLM interpretation of page content

🏭 Vector Limited Financial Position Statements (continued from previous page)

🏭 Trade, Customs & Industry
31 March 2003
Electricity, Financial Statements, Property, Plant, Equipment, Distribution Systems, Billing Systems, Motor Vehicles, Fixed Assets, Leasehold Improvements