✨ Financial Statements
29 FEBRUARY 2008 NEW ZEALAND GAZETTE, No. 43 1251
6. Property, Plant and Equipment
| Group | Parent | ||||
|---|---|---|---|---|---|
| 2007 | 2006 | 2007 | 2006 | ||
| $000 | $000 | $000 | $000 | ||
| Land | 43 | 45 | - | - | |
| Buildings (At Cost) | 294 | 310 | - | - | |
| Accumulated Depreciation | (164) | (168) | - | - | |
| 130 | 142 | - | - |
Customer Billing & Information System
| Assets (At Cost) | 2,757 | 2,757 | 2,757 | 2,757 |
| Accumulated Depreciation | (2,757) | (2,757) | (2,757) | (2,757) |
| Plant and Equipment (At Cost) | 1,142 | 1,070 | 8 | 8 |
| Accumulated Depreciation | (892) | (835) | (4) | (4) |
| | 250 | 235 | 4 | 4 |
| Office Equipment (At Cost) | 2,079 | 1,951 | 13 | 8 |
| Accumulated Depreciation | (1,459)| (1,362)| (6) | (6) |
| | 620 | 589 | 7 | 2 |
| Network Assets (At Valuation) | 247,305 | 224,885 | 247,305 | 224,885 |
| Accumulated Depreciation | (402) | (18,812)| (402) | (18,812) |
| | 246,903 | 206,073 | 246,903 | 206,073 |
| Total Property, Plant & Equipment | 247,946 | 207,084 | 246,914 | 206,079 |
Directors consider book value to be an indication of the fair value of Land and Buildings.
7. Accounts Payable and Provisions
| 2007 | 2006 | 2007 | 2006 | |
|---|---|---|---|---|
| Accounts Payable and Accruals | 5,422 | 4,429 | 2,817 | 2,157 |
| Provision for Employee Entitlements | 182 | 172 | - | - |
| Total Accounts Payable and Provisions | 5,604 | 4,601 | 2,817 | 2,157 |
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Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 2008, No 43
Gazette.govt.nz —
NZ Gazette 2008, No 43
✨ LLM interpretation of page content
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Financial Statements for The Power Company Limited Line Business
(continued from previous page)
🏭 Trade, Customs & IndustryFinancial Instruments, Operating Leases, Foreign Currency, Employee Entitlements, Accounting Policies, Property, Plant and Equipment, Accounts Payable and Provisions