New Zealand Gazette – 2003 – No. 90

Page 2330

✨ Financial Statements Notes



HORIZON ENERGY DISTRIBUTION LIMITED - Lines Business

NOTES TO THE FINANCIAL STATEMENTS

NOTE Lines Business 2003 $000 Lines Business 2002 $000

9 FIXED ASSETS

Fixed Assets comprise:

Land
Cost
146
146

Buildings
Cost
371
371
Accumulated Depreciation
(121)
(115)
Net book value
250
256

Plant and Equipment
Cost
168
179
Accumulated Depreciation
(92)
(98)
Net book value
76
81

Furniture and Fittings
Cost
375
54
Accumulated Depreciation
(51)
(45)
Net book value
324
9

Motor Vehicles
Cost
133
120
Accumulated Depreciation
(61)
(87)
Net book value
72
33

Consumer Billing and Information System Equipment
Cost
1,221
1,098
Accumulated Depreciation
(913)
(741)
Net book value
308
357

Office Equipment
Cost
60
57
Accumulated Depreciation
(45)
(42)
Net book value
15
15

System Fixed Assets - Work in Progress
Cost
21
84

System Fixed Assets
Valuation
67,431
68,218
Accumulated Depreciation
(5,918)
(4,309)
Net book value
61,534
63,993

Totals
Cost or Valuation
69,926
70,327
Accumulated Depreciation
(7,202)
(5,437)
Total Fixed Assets
Net book value
62,724
64,891



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Online Sources for this page:

VUW Te Waharoa — PDF NZ Gazette 2003, No 90


Gazette.govt.nz — PDF NZ Gazette 2003, No 90




✨ LLM interpretation of page content

🏭 Financial Statements for Horizon Energy Distribution Limited (continued from previous page)

🏭 Trade, Customs & Industry
Financial Statements, Fixed Assets, Depreciation, Valuation