New Zealand Gazette – 2008 – No. 44

Page 1277

✨ Financial Statements



29 FEBRUARY 2008 NEW ZEALAND GAZETTE, No. 44 1277

7. Property, Plant and Equipment

| | Group | Parent |
| | 2007 | 2006 | 2007 | 2006 |
| | $000 | $000 | $000 | $000 |
| ------------------------ | -------- | -------- | -------- | -------- |
| Land (At Cost) | 21 | 23 | - | - |
| Buildings (At Cost) | 147 | 155 | - | - |
| Accumulated Depreciation | (82) | (84) | - | - |
| | 65 | 71 | - | - |
| Customer Billing & Information System Assets (At Cost) | 834 | 766 | - | - |
| Accumulated Depreciation | (567) | (519) | - | - |
| | 267 | 247 | - | - |
| Plant and Equipment (At Cost) | 566 | 530 | - | - |
| Accumulated Depreciation | (443) | (415) | - | - |
| | 123 | 115 | - | - |
| Office Equipment (At Cost) | 198 | 204 | - | - |
| Accumulated Depreciation | (159) | (158) | - | - |
| | 39 | 46 | - | - |
| Network Assets (At Cost and Valuation) | 63,018 | 49,021 | 63,018 | 49,021 |
| Accumulated Depreciation | (1,746) | (3,389) | (1,746) | (3,389) |
| | 61,272| 45,632| 61,272| 45,632|
| Total Property, Plant and Equipment | 61,787| 46,134| 61,272| 45,632|

8. Accounts Payable and Provisions

| | Group | Parent |
| | 2007 | 2006 | 2007 | 2006 |
| | $000 | $000 | $000 | $000 |
| ------------------------ | -------- | -------- | -------- | -------- |
| Trade Creditors and Accruals | 1,617 | 1,401 | 389 | 377 |
| GST Payable | 170 | 59 | 126 | 12 |
| Provision for Employee Entitlements | 90 | 86 | - | - |
| Provision for Taxation | - | 50 | - | - |
| Total Accounts Payable and Provisions | 1,877| 1,596| 515 | 389 |

9. Commitments

Operating Lease Commitments

Operating Lease Commitments are payable as follows:

  • No later than one year | 33 | 20 | - | - |
  • Later than one year and not later than two years | 17 | 10 | - | - |
  • Later than two years and not later than five years | 13 | 8 | - | - |
  • Later than five years | - | - | - | - |

Total Operating Lease Commitments | 63 | 38 | - | -



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Online Sources for this page:

VUW Te Waharoa — PDF NZ Gazette 2008, No 44


Gazette.govt.nz — PDF NZ Gazette 2008, No 44




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🏭 Electricity Invercargill Limited Line Business Financial Statements (continued from previous page)

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Electricity, Financial Statements, Information Disclosure, Invercargill