New Zealand Gazette – 2005 – No. 191

Page 4766

✨ Financial Statements



4766

NEW ZEALAND GAZETTE, No. 191

14 NOVEMBER 2005

4. Fixed Assets

Distribution
2005 2004
Cost Accumulated Depreciation Book Value Cost Accumulated Depreciation Book Value

Revalued Assets:
Distribution Network | $19,265,209 | $1,095,053 | $18,170,156 | $18,761,495 | $553,173 | $18,208,322

Fixed Assets at cost:
Leasehold Improvements | $493,010 | $344,429 | $148,581 | $338,119 | $290,653 | $47,466
Vehicles | $199,707 | $81,562 | $118,145 | $185,573 | $114,100 | $71,473
Office Equipment | $58,236 | $53,551 | $4,685 | $50,545 | $44,259 | $6,286
Furniture & Fittings | $65,426 | $43,722 | $21,704 | $43,885 | $34,538 | $9,347
Plant & Equipment | $252,117 | $161,094 | $91,023 | $207,530 | $130,578 | $76,952
Leased Assets | $99,470 | $37,967 | $61,503 | $86,335 | $14,268 | $72,067
Computer H/ware & S/w | $694,311 | $496,882 | $197,429 | $568,655 | $302,023 | $266,632

Total Assets | $21,127,486 | $2,314,260 | $18,813,226 | $20,242,137 | $1,483,592 | $18,758,545

Retail
2005 2004
Cost Accumulated Depreciation Book Value Cost Accumulated Depreciation Book Value

Revalued Assets:
Distribution Network | $ - | $ - | $ - | $ - | $ - | $ -

Fixed Assets at cost:
Leasehold Improvements | $200,728 | $140,233 | $60,495 | $193,113 | $166,003 | $27,110
Vehicles | $81,310 | $33,209 | $48,102 | $105,988 | $65,167 | $40,821
Office Equipment | $23,710 | $21,804 | $1,906 | $28,868 | $25,278 | $3,590
Furniture & Fittings | $28,638 | $17,801 | $10,837 | $25,065 | $19,727 | $5,338
Plant & Equipment | $102,649 | $65,589 | $37,060 | $118,528 | $74,578 | $43,950
Leased Assets | $40,499 | $15,458 | $25,041 | $49,309 | $8,149 | $41,160
Computer H/ware & S/w | $282,687 | $202,364 | $80,383 | $324,781 | $172,497 | $152,284

Total Assets | $758,221 | $496,397 | $261,824 | $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
2005 2004 2005 2004
$ $ $ $

Trade Debtors | $418,465 | $373,912 | $3,155,450 | $3,579,584
Provision for Doubtful Debts | - | - | $53,097 | $42,644
| $418,465 | $373,912 | $3,102,353 | $3,536,940



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Online Sources for this page:

VUW Te Waharoa — PDF NZ Gazette 2005, No 191


Gazette.govt.nz — PDF NZ Gazette 2005, No 191




✨ LLM interpretation of page content

💰 Fixed Assets and Accounts Receivable (continued from previous page)

💰 Finance & Revenue
Financial statements, Fixed assets, Accounts receivable, Distribution, Retail
  • James Coe, Valued distribution network
  • Bruce Wattie, Reviewed distribution network
  • Guenter Wabnitz, Reviewed distribution network