✨ Financial Statements
3 DECEMBER 2010
NEW ZEALAND GAZETTE, No. 165
Notes to and Forming Part of the Financial Statements
For the year ended 30 June 2010
GAS DIVISION
7. PROPERTY, PLANT AND EQUIPMENT
|
Network assets NZ$000 |
Plant and equipment NZ$000 |
Work in progress NZ$000 |
TOTAL NZ$000 |
| Gross carrying value |
|
|
|
|
| Balance at 30 June 2008 |
444,986 |
10,512 |
2,539 |
447,143 |
| Transfers |
11,377 |
|
(11,377) |
— |
| Additions |
221 |
1,391 |
9,432 |
10,745 |
| Disposals |
(6,351) |
— |
— |
(6,351) |
| Balance at 30 June 2009 |
445,633 |
11,803 |
595 |
457,259 |
| Transfers |
1,082 |
303 |
(1,386) |
— |
| Additions |
1,159 |
668 |
9,586 |
11,423 |
| Disposals |
— |
— |
— |
— |
| Balance at 30 June 2010 |
447,312 |
12,574 |
8,795 |
468,682 |
|
Accumulated depreciation |
| Balance at 30 June 2009 |
67,661 |
| Disposals |
— |
| Depreciation expense |
9,001 |
| Balance at 30 June 2009 |
76,662 |
| Depreciation expense |
9,523 |
| Balance at 30 June 2010 |
80,375 |
|
Net book value |
| Net book value 30 June 2009 |
374,209 |
| Net book value 30 June 2010 |
366,937 |
8. OTHER INTANGIBLES
|
Software NZ$000 |
TOTAL NZ$000 |
| Gross carrying value |
|
|
| Balance at 30 June 2008 |
1,241 |
1,241 |
| Additions |
— |
— |
| Disposals |
428 |
428 |
| Balance at 30 June 2009 |
1,669 |
1,669 |
| Additions |
163 |
163 |
| Disposals |
— |
— |
| Balance at 30 June 2010 |
1,832 |
1,832 |
|
Accumulated amortisation |
| Balance at 30 June 2008 |
1,049 |
| Disposals |
— |
| Amortisation expense |
204 |
| Balance at 30 June 2009 |
1,253 |
| Amortisation expense |
257 |
| Balance at 30 June 2010 |
1,570 |
|
Net book value |
| Net book value 30 June 2009 |
416 |
| Net book value 30 June 2010 |
322 |
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✨ LLM interpretation of page content
💰
Powerco Gas Division Financial Statements
(continued from previous page)
💰 Finance & Revenue
Property, Plant, Equipment, Network Assets, Work in Progress, Depreciation, Net Book Value, Software, Intangibles, Amortisation
NZ Gazette 2010, No 165