β¨ Financial Statements
WEL NETWORKS LIMITED
Line Business
| 2007 ($000s) | 2006 ($000s) |
|---|
6 Current assets
- Cash and Bank | 7,559 | 18,031 |
- Trade debtors | 4,762 | 5,307 |
- Short term investments | - | - |
- Inventories | - | - |
- Other current assets | 167 | 6 |
- Tax recoverable | - | - |
Total current assets | 12,488 | 23,344 |
7 Fixed Assets
System Fixed assets
Distribution System
- At cost | 5,254 | 37,858 |
- At valuation | 282,780 | 182,188 |
Land
- At cost | - | - |
- At valuation | 3,510 | 1,276 |
Buildings
- At cost | - | - |
- At valuation | 3,793 | 1,402 |
Furniture Plant & Equipment
- At cost | - | - |
- At valuation | - | - |
Total System Fixed Assets | 295,337 | 222,724 |
Accumulated depreciation
-
Distribution System
- At cost | - | (3,675) |
- At valuation | - | (7,921) |
-
Buildings
- At cost | - | - |
- At valuation | - | (84) |
-
Furniture Plant & Equipment
- At cost | - | - |
- At valuation | - | - |
Total accumulated depreciation | - | (11,680) |
Total System Fixed Assets (Net) | 295,337 | 211,044 |
Capital Spares | 864 | 944 |
Vehicles
- Cost | 1,020 | 567 |
- Accumulated depreciation | (339) | (174) |
- Net book value | 681 | 393 |
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Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 2008, No 29
Gazette.govt.nz —
NZ Gazette 2008, No 29
β¨ LLM interpretation of page content
π
Financial Performance and Equity Movements of WEL Networks Limited
(continued from previous page)
π Trade, Customs & IndustryFinancial statements, Taxation, Shareholders funds, Asset revaluation, Retained earnings, WEL Networks Limited