New Zealand Gazette – 2004 – No. 154

Page 3808

✨ Financial Statements



3808 NEW ZEALAND GAZETTE, No. 154 26 NOVEMBER 2004

4. Fixed Assets

2004 Distribution 2003
Cost Accumulated Depreciation Book Value
---------------------- ------------ -------------------------- ------------
Revalued Assets:
Distribution Network $18,761,495 $553,173 $18,208,322
Fixed Assets at cost:
Leasehold Improvements $338,119 $290,653 $47,466
Vehicles $185,573 $114,100 $71,473
Office Equipment $50,545 $44,259 $6,286
Furniture & Fittings $43,885 $34,538 $9,347
Plant & Equipment $207,530 $130,578 $76,952
Leased Assets $86,335 $14,268 $72,067
Computer H/ware & S/w $558,655 $302,023 $256,632
Total Fixed Assets $20,231,137 $1,483,592 $18,756,545
2004 Retail 2003
Cost Accumulated Depreciation Book Value
---------------------- ------------ -------------------------- ------------
Revalued Assets:
Distribution Network - - -
Fixed Assets at cost:
Leasehold Improvements $193,113 $166,003 $27,110
Vehicles $105,988 $65,167 $40,821
Office Equipment $28,868 $25,278 $3,590
Furniture & Fittings $25,066 $19,727 $5,339
Plant & Equipment $118,528 $74,578 $43,950
Leased Assets $49,309 $8,149 $41,160
Computer H/ware & S/w $324,781 $172,497 $152,284
Total Assets $845,652 $531,399 $314,253

The distribution network is valued at optimised deprival value, as at 30 June 2003 by James Coe B.Sc, B.E (Electrical), M.B.A, Registered Engineer, and Member of IPENZ and reviewed in accordance with the draft Gas ODV handbook 2000 (Ministry of Economic Development) by Bruce Wattie CA, BCA, Partner - Financial Advisory Services, of PricewaterhouseCoopers, and Guenter Wabnitz, Dip.Ing (German), VDI, MIPENZ, Senior Consultant - Meritec Limited.

5. Accounts Receivable

Distribution Retail
2004 2003
---------------- ---------- -----------
Trade Debtors $373,912 $305,627
Provision for Doubtful Debts - -
Net Total $373,912 $305,627


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Online Sources for this page:

VUW Te Waharoa — PDF NZ Gazette 2004, No 154


Gazette.govt.nz — PDF NZ Gazette 2004, No 154




✨ LLM interpretation of page content

💰 Notes to the Financial Statements (continued from previous page)

💰 Finance & Revenue
Fixed Assets, Revalued Assets, Distribution Network, Leasehold Improvements, Vehicles, Office Equipment, Furniture, Plant, Leased Assets, Computer Hardware, Software, Accounts Receivable, Trade Debtors, Depreciation, Book Value
  • James Coe, Valued distribution network
  • Bruce Wattie, Reviewed distribution network valuation
  • Guenter Wabnitz, Reviewed distribution network valuation