β¨ Network Waitaki Annual Valuation Reconciliation
NETWORK WAITAKI (LINES)
Annual Valuation Reconciliation Report
| Description | 2006
$ | 2005
$ |
|---|---:|---:|
| System Property, Plant & Equipment at ODV | 45,867,011 | 45,668,091 |
| Add System Property, Plant & Equipment acquired during the year at ODV | 6,516,453 | 2,024,808 |
| Less System Property, Plant and Equipment disposed of during the year | (348,501) | 0 |
| Less depreciation on System Property, Plant & Equipment | (2,132,052) | (2,025,888) |
| Closing System Property, Plant and Equipment at ODV | 49,702,911 | 45,667,011 |
Valuation of the network reticulation system is at net current value on an existing use basis, as at 31 March 2004, and was conducted by KPMG, Christchurch. The Commerce Commission has adjusted this valuation following a comprehensive audit.
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Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 2006, No 133
Gazette.govt.nz —
NZ Gazette 2006, No 133
β¨ LLM interpretation of page content
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Network Waitaki Limited Annual Valuation Reconciliation Report
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π Trade, Customs & IndustryAnnual Valuation, Network Waitaki, ODV, Depreciation, Commerce Commission, KPMG