✨ Financial Statements Notes




290 NEW ZEALAND GAZETTE, No. 13 18 JANUARY 2005

o) Goodwill

The excess of cost over the fair value of the net assets acquired is recognised as goodwill, and is amortised to the Statement of Financial Performance over the expected period of the benefit, currently estimated to be up to 5 years.

p) Changes in Accounting Policies

There have been no changes to accounting policies. All policies have been applied on a basis consistent with prior years.



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Online Sources for this page:

VUW Te Waharoa PDF NZ Gazette 2005, No 13


Gazette.govt.nz PDF NZ Gazette 2005, No 13





✨ LLM interpretation of page content

🏭 Powerco Limited's Notes to the Financial Statements (continued from previous page)

🏭 Trade, Customs & Industry
Goodwill, Amortization, Accounting Policies, Financial Performance, Net Assets