New Zealand Gazette – 2005 – No. 27

Page 648

✨ Financial Statements



648

NEW ZEALAND GAZETTE, No. 27

25 JANUARY 2005

Vector Limited

Electricity Lines Business

Notes to the Financial Statements

For the year ended 31 March 2004

2004 2003
$000 $000
15. PROPERTY, PLANT AND EQUIPMENT
System fixed assets
Distribution systems at valuation 1,850,952 1,792,966
Distribution land at valuation 40,015 42,603
Distribution buildings at valuation 29,308 36,684
1,920,275 1,872,253
Accumulated depreciation:
Distribution systems (58,159) -
Distribution buildings (1,583) -
(59,742) -
Net book value 1,860,533 1,872,253
Consumer billing and information system assets
Consumer billing and information system assets at cost 45,562 44,765
Accumulated depreciation (21,634) (17,747)
Net book value 23,928 27,018
Motor vehicles
Motor vehicles at cost 126 351
Accumulated depreciation (99) (244)
Net book value 27 107
Other fixed assets
Other fixed assets at cost 15,273 10,979
Accumulated depreciation (8,499) (1,650)
Net book value 6,774 9,329
Land at valuation 1,487 1,169
Buildings
Buildings at cost 34 544
Accumulated depreciation (14) (35)
Net book value 20 509
Buildings at valuation - 257
Accumulated depreciation - -
Net book value - 257
Leasehold improvements 2,565 3,347
Accumulated depreciation (1,303) (1,497)
Net book value 1,262 1,850
Capital works under construction 81,806 32,493
Total net book value 1,975,837 1,944,985


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Online Sources for this page:

VUW Te Waharoa — PDF NZ Gazette 2005, No 27


Gazette.govt.nz — PDF NZ Gazette 2005, No 27




✨ LLM interpretation of page content

🏭 Notes to the Financial Statements for Vector Limited – Electricity Lines Business (continued from previous page)

🏭 Trade, Customs & Industry
Financial Statements, Property, Plant, Equipment, Distribution Systems, Valuation, Depreciation, Net Book Value, Consumer Billing, Motor Vehicles, Buildings, Leasehold Improvements, Capital Works