β¨ Financial Statements
WEL NETWORKS LIMITED
Line Business
| | 2005
($000s) | 2004
($000s) |
|----------------|----------------------|----------------------|
| | | |
6 Current assets
-
Cash and Bank | 21,727 | 18,515 |
-
Trade debtors | 4,245 | 4,037 |
-
Short term investments | - | - |
-
Inventories | 161 | 96 |
-
Other assets | 3 | 49 |
-
Tax recoverable | - | - |
Total Current Assets | 26,136 | 22,697 |
7 Fixed Assets
System Fixed assets
Distribution System
- At cost | 14,302 | -
- At valuation | 182,189 | 182,189 |
Land
- At cost | - | -
- At valuation | 1,276 | 1,276 |
Buildings
- At cost | - | -
- At valuation | 1,403 | 1,403 |
Furniture Plant & Equipment
-
At cost | - | -
-
At valuation | - | -
Total System Fixed Assets Before Depreciation
| 199,170 | 184,868 |
Accumulated depreciation
-
Distribution System
- At cost | (213) | -
- At valuation | (5,283) | -
-
Buildings
- At cost | - | -
- At valuation | (42) | -
-
Furniture Plant & Equipment
- At cost | - | -
- At valuation | - | -
Total Accumulated Depreciation | (5,538) | - |
Total System Fixed Assets | 193,632 | 184,868 |
Vehicles
- Cost | 411 | 467 |
- Accumulated depreciation | (152) | (182) |
- Net book value | 259 | 285 |
Next Page →
Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 2005, No 114
Gazette.govt.nz —
NZ Gazette 2005, No 114
β¨ LLM interpretation of page content
π
Statement of Accounting Policies for WEL Networks Limited
(continued from previous page)
π Trade, Customs & Industry3 August 2005
Financial Statements, Current Assets, Fixed Assets, Depreciation, WEL Networks Limited