5 DECEMBER 2011

NEW ZEALAND GAZETTE, No. 187

Fixed Assets

Operational assets

Infrastructural network
Gas measurement system
Carrying amount 1/7/2010: 25,888,192
Cost or valuation 1/7/2010: 123,994
Accumulated depreciation and impairment 1/7/2010: (83,230)

Current year additions: 38,885
Current year disposals: —
Current year depreciation charges: (14,509)
Impairment charges: —
Revaluation surplus: —
Carrying amount 30/6/2011: 28,585
Cost or revaluation 30/6/2011: 141,002
Accumulated depreciation and impairment 30/6/2011: (112,417)

Total infrastructural assets
Carrying amount 1/7/2010: 25,888,192
Cost or valuation 1/7/2010: 123,994
Accumulated depreciation and impairment 1/7/2010: (83,230)

Current year additions: 38,885, 21,762
Current year disposals: 24,083
Current year depreciation charges: (32,423), (10,914)
Impairment charges: (1,351)
Transfers: —
Carrying amount 30/6/2011: 38,585
Cost or revaluation 30/6/2011: 141,002
Accumulated depreciation and impairment 30/6/2011: (102,417)

Land and Improvements
Carrying amount 1/7/2010: 20,983
Cost or valuation 1/7/2010: 34,148
Accumulated depreciation and impairment 1/7/2010: —

Current year additions: 20,983
Current year disposals: —
Current year depreciation charges: —
Impairment charges: —
Revaluation surplus: —
Carrying amount 30/6/2011: 20,983
Cost or revaluation 30/6/2011: 54,231
Accumulated depreciation and impairment 30/6/2011: —

Office equipment
Carrying amount 1/7/2010: 2,360
Cost or valuation 1/7/2010: 3,626
Accumulated depreciation and impairment 1/7/2010: (1,266)

Current year additions: 1,085
Current year disposals: —
Current year depreciation charges: (1,689)
Impairment charges: —
Revaluation surplus: —
Carrying amount 30/6/2011: 871
Cost or revaluation 30/6/2011: 3,596
Accumulated depreciation and impairment 30/6/2011: (2,725)

Computer hardware
Carrying amount 1/7/2010: 24,132
Cost or valuation 1/7/2010: 71,606
Accumulated depreciation and impairment 1/7/2010: (47,474)

Current year additions: 24,132
Current year disposals: —
Current year depreciation charges: (26,627)
Impairment charges: —
Revaluation surplus: —
Carrying amount 30/6/2011: 54,711
Cost or revaluation 30/6/2011: 137,405
Accumulated depreciation and impairment 30/6/2011: (82,694)

Leased assets furniture
Carrying amount 1/7/2010: 15,511
Cost or valuation 1/7/2010: 17,679
Accumulated depreciation and impairment 1/7/2010: (2,168)

Current year additions: —
Current year disposals: —
Current year depreciation charges: (5,885)
Impairment charges: —
Revaluation surplus: —
Carrying amount 30/6/2011: 9,626
Cost or revaluation 30/6/2011: 17,679
Accumulated depreciation and impairment 30/6/2011: (8,053)

Motor vehicles Plant & Equipment
Carrying amount 1/7/2010: 95,882
Cost or valuation 1/7/2010: 159,669
Accumulated depreciation and impairment 1/7/2010: (63,787)

Current year additions: 560,749
Current year disposals: —
Current year depreciation charges: (4,827,187)
Impairment charges: —
Revaluation surplus: —
Carrying amount 30/6/2011: 20,729,185
Cost or revaluation 30/6/2011: 26,956,277
Accumulated depreciation and impairment 30/6/2011: (6,227,092)

Total operational assets
Carrying amount 30/6/2011: 26,857,692
Cost or revaluation 30/6/2011: 66,640
Accumulated depreciation and impairment 30/6/2011: (39,783)

Intangible assets

Software
Carrying amount 1/7/2009: 805,199
Cost or valuation 1/7/2009: 82,015
Accumulated depreciation and impairment 1/7/2009: (74,991)

Current year additions: 521,603
Current year disposals: —
Current year impairment charges: (19,912)
Current year amortisation: (60,524)
Carrying amount 30/6/2010: 707,999
Cost or valuation 30/6/2010: 812,072
Accumulated depreciation and impairment 30/6/2010: (104,073)

Total property, plant and equipment
Carrying amount 30/6/2011: 25,888,192
Cost or revaluation 30/6/2011: 25,012,145
Accumulated depreciation and impairment 30/6/2011: (26,012,145)

Operational Assets
Licensed improvements
Carrying amount 1/7/2009: 108,705
Cost or valuation 1/7/2009: 128,215
Accumulated depreciation and impairment 1/7/2009: (19,510)

Current year additions: 12,782
Current year disposals: —
Current year impairment charges: —
Current year depreciation: (20,932)
Carrying amount 30/6/2010: 107,582
Cost or revaluation 30/6/2010: 141,033
Accumulated depreciation and impairment 30/6/2010: (33,451)

Vehicles
Carrying amount 1/7/2009: —
Cost or valuation 1/7/2009: 772,988
Accumulated depreciation and impairment 1/7/2009: —

Current year additions: 143,742
Current year disposals: —
Current year impairment charges: —
Current year depreciation: (34,278)
Carrying amount 30/6/2010: 107,572
Cost or revaluation 30/6/2010: 165,421
Accumulated depreciation and impairment 30/6/2010: (57,849)

Computer hardware
Carrying amount 1/7/2009: 9,659
Cost or valuation 1/7/2009: 15,941
Accumulated depreciation and impairment 1/7/2009: (6,282)

Current year additions: 48,157
Current year disposals: —
Current year impairment charges: (2,165)
Current year depreciation: (3,848)
Carrying amount 30/6/2010: 24,137
Cost or revaluation 30/6/2010: 65,298
Accumulated depreciation and impairment 30/6/2010: (41,161)

Total operational assets
Carrying amount 30/6/2010: 25,888,192
Cost or revaluation 30/6/2010: 25,012,954
Accumulated depreciation and impairment 30/6/2010: (24,124,762)

Intangible assets
Distribution network
Gas measurement system
Carrying amount 1/7/2010: 21,895,523
Cost or valuation 1/7/2010: 21,909,892
Accumulated depreciation and impairment 1/7/2010: (14,369)

Current year additions: 521,603
Current year disposals: —
Current year impairment charges: (61,772)
Current year depreciation: (1,126,024)
Carrying amount 30/6/2011: 20,779,499
Cost or revaluation 30/6/2011: 21,895,523
Accumulated depreciation and impairment 30/6/2011: (1,116,024)

Software
Carrying amount 1/7/2009: 805,199
Cost or valuation 1/7/2009: 840,537
Accumulated depreciation and impairment 1/7/2009: (35,338)

Current year additions: —
Current year disposals: —
Current year impairment charges: (819,165)
Current year amortisation: —
Carrying amount 30/6/2010: —
Cost or valuation 30/6/2010: 25,888,192
Accumulated depreciation and impairment 30/6/2010: (25,888,192)

Total intangible assets
Carrying amount 30/6/2011: 25,888,192
Cost or revaluation 30/6/2011: 26,012,145
Accumulated depreciation and impairment 30/6/2011: (123,953)