✨ Financial Statements
28 NOVEMBER 2008 NEW ZEALAND GAZETTE, No. 186 4881
13. Property, plant and equipment
TRANSPOWER NEW ZEALAND LIMITED LINES BUSINESS
| LINES BUSINESS | At 30 June 2008 | Accumulated depreciation | Net book value | At 30 June 2007 | Accumulated depreciation | Net book value |
|---|---|---|---|---|---|---|
| Cost | Cost | |||||
| Accumulated depreciation | Accumulated depreciation | |||||
| Net book value | Net book value | |||||
| HVAC Transmission lines $'000 | 1,105,710 | (152,659) | 953,051 | 1,054,732 | (134,731) | 919,999 |
| 95,855 | (11,713) | 84,142 | 95,855 | (14,700) | 81,153 | |
| 1,009,855 | (140,946) | 868,909 | 958,877 | (119,931) | 838,946 | |
| HVAC Subtransmission lines | 332,264 | (73,264) | 259,000 | 316,765 | (66,288) | 250,477 |
| 39,410 | (8,331) | 31,079 | 40,199 | (7,975) | 32,224 | |
| 292,854 | (64,933) | 227,921 | 276,566 | (58,313) | 218,253 | |
| HVAC Zone substations and | 1,104,137 | (195,138) | 909,999 | 1,056,796 | (181,170) | 875,626 |
| substations $'000 | 97,808 | (37,766) | 60,042 | 94,886 | (36,002) | 58,884 |
| 1,006,329 | (157,372) | 848,957 | 961,910 | (145,168) | 816,742 | |
| HVAC Distribution | 452,461 | (124,951) | 327,510 | 436,498 | (120,833) | 315,665 |
| substations $'000 | 52,471 | (25,076) | 27,395 | 52,418 | (24,731) | 27,687 |
| 399,990 | (99,875) | 300,115 | 384,080 | (96,102) | 287,978 | |
| Communications cables | 71,503 | (43,126) | 28,377 | 48,572 | (22,742) | 25,830 |
| $'000 | 7,778 | (3,162) | 4,616 | 8,389 | (3,448) | 4,941 |
| 63,725 | (39,964) | 23,761 | 40,183 | (19,294) | 20,889 | |
| Administration assets | 52,461 | (22,936) | 29,525 | 79,389 | (52,218) | 27,171 |
| $'000 | 4,322 | (1,867) | 2,455 | 4,638 | (2,364) | 2,274 |
| 48,139 | (21,069) | 27,070 | 74,751 | (49,854) | 24,897 |
| Capital work in progress | 316,765 | - | 316,765 | 251,421 | - | 251,421 |
| Total | 3,106,833 | (569,766) | 2,537,067 | 3,018,174 | (515,691) | 2,502,483 |
Administration assets include computer hardware, plant, equipment, furniture and motor vehicles.
Land and buildings are contained within the above classes and have a net book value of $253,940,000 (2007: $216,734,000).
On 5 July 2007, the Electricity Commission approved the line proposed porjects between Whakamaru and South Auckland, Transpower to date, including property purchases, has capitalised $212.4 million in respect of the North Island Grid
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NZ Gazette 2008, No 186
✨ LLM interpretation of page content
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Transpower New Zealand Limited Lines Business Financial Statements
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🏭 Trade, Customs & IndustryFinancial Statements, Property, Plant, Equipment, HVAC Transmission, Subtransmission, Zone Substations, Distribution Substations, Communications Cables, Administration Assets, Capital Work in Progress