✨ Financial Reconciliation




3094

NEW ZEALAND GAZETTE, No. 127

17 AUGUST 2005

ODV RECONCILIATION

Fixed Assets (see Note 9 of the financial statements) incorporate Distribution System fixed assets valued on the basis of ODV, revalued every three years in these accounts. This year distribution assets were revalued as at 31 March 2004 in accordance with the Handbook for Optimised Deprecial Valuation of System Fixed Assets of Electricity Line Businesses - Commerce Commission 30 August 2004.

A reconciliation of movements in the ODV carrying value follows:

Total System fixed assets - end of the previous financial year
Add: system fixed assets acquired during the year at ODV
Less: system fixed assets disposed of during the year at ODV
Less: depreciation on system fixed assets at ODV
Add: revaluations of system fixed assets
Equals: system fixed assets at ODV - end of the financial year

Lines
Business
2005
$000
73,151
2,708
(2,687)

73,172



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Online Sources for this page:

VUW Te Waharoa PDF NZ Gazette 2005, No 127


Gazette.govt.nz PDF NZ Gazette 2005, No 127





✨ LLM interpretation of page content

🏭 Energy Delivery Efficiency Performance Measures for Horizon Energy Distribution Limited (continued from previous page)

🏭 Trade, Customs & Industry
17 August 2005
Energy Delivery, Efficiency, Performance Measures, Electricity, Horizon Energy, SAIFI, CAIDI, Interruptions, Targets