New Zealand Gazette – 2009 – No. 172

Page 4175

✨ Financial Report, Property, Plant, and Equipment

27 NOVEMBER 2009 NEW ZEALAND GAZETTE, No. 172 4175

13. Property, plant and equipment

LINES BUSINESS

Transpower New Zealand Limited Lines Business

	HVDC Transmission Lines	HVAC Transmission Lines	HVAC Substations	HVDC Substations and Submarine Cables	Communications	Capital work in progress	Total
At 30 June 2009
Cost	1,122,489	1,705,710	1,215,995	201,880	105,273	439,816	5,000,890
(Accumulated depreciation)	(183,186)	(953,025)	(240,641)	(71,264)	(48,992)	(- )	(1,539,562)
Net book value	939,303	752,685	975,354	130,616	56,281	439,816	3,461,328

At 30 June 2008
Cost	1,104,137	1,532,859	1,041,137	198,369	97,608	316,765	4,290,875
(Accumulated depreciation)	(178,808)	(893,087)	(206,806)	(66,777)	(52,042)	(- )	(1,397,520)
Net book value	925,329	639,772	834,331	131,592	45,566	316,765	2,893,355

30 June 2009 reconciliation


Opening net book value (1 July 2008)	953,051	410,561	908,969
Additions	3,493	23,768	5,683
Disposals / transfers	(23,768)	(23,908)	(77)
Depreciation	(37,331)	(84,342)	(33,334)
Closing net book value	939,303	316,765	975,354

30 June 2008 reconciliation


Opening net book value (1 July 2007)	846,142	142,369	894,322
Additions	38,384	656,369	61,520
Disposals / transfers	(- )	(14,172)	(- )
Depreciation	(34,288)	(146,833)	(121,770)
Closing net book value	950,238	638,733	834,072

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 $255,423,750 (2008: $258,940,000).

Gazette.govt.nz — NZ Gazette 2009, No 172

The Executive Wing of Parliament (depicted) is universally known as The Beehive. It was completed in 1977 and remains the primary office for the elected Government of the day.

✨ LLM interpretation of page content

💰 Transpower New Zealand Limited Financial Instrument Designation (continued from previous page)

Domain💰 Finance & Revenue
KeywordsFinancial instruments, Investments, Derivatives, Hedge commitments, Impairment losses, Property, Plant, Equipment, Lines Business, HVDC Transmission Lines, HVAC Transmission Lines, HVAC Substations, HVDC Substations and Submarine Cables, Communications, Capital work in progress, Net book value, Cost, Accumulated depreciation, Additions, Disposals, Transfers, Depreciation

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