2014-01-13 Deamalgamation Report Attachment

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Balance Sheet Item         Proposed Allocation Method

 Cash and cash equivalents | Should any additional items be identified for adjusting against the cash balance those
                            items are to be identified, costed and agreed by the transfer committee prior to
                            inclusion in the calculation of the final cash adjustment

 Trust fund cash and cash   Allocated based on geographical area in accordance with the underlying transaction as
equivalents                 at 31 December 2013.
 Receivables                Rates receivables to be transferred to NSC based on the new LG boundary lines.
                            Other Receivables (including the Unitywater working capital facility) to be taken into
                            account in the 31* December cash balance as though all cash has been received.
 Land held for development | Based on the location of the land parcel as at 31 December 2013.
 Land held for resumption   Based on the location of the land parcel as at 31 December 2013.
meno                        Based on the physical location of the inventory as at 31 December 2013.
 Prepayments                Rates prepayments to be transferred to NSC based on the new LG boundary lines
                            Other prepayments to be reviewed to determine if an adjustment needs to be made to
                            the opening cash balance

 Land and Improvements      Physical location of the land / improvement according to new LG boundaries
                            Finance Branch to determine allocation based on physical location with assistance
                            from Property Management branch as and when required
 Buildings                  Physical location of the building according to new LG boundaries
                            Finance Branch to determine allocation based on physical location with assistance
                            from Infrastructure Services Department as and when required
 Plant and Equipment        As per “Position Paper Other Items allocation”

 Road and Bridges           Physical location of the infrastructure according to new LG boundary
                            Finance Branch to determine allocation based on physical location with assistance
                            from Infrastructure Services Department as and when required
 Stormwater and Drainage | Physical location of the infrastructure according to new LG boundary
                            Finance Branch to determine allocation with assistance from Infrastructure Services
                            Department as and when required

 Other Infrastructure       Physical location of the infrastructure according to new LG boundary
                            Finance Branch to determine allocation based on physical location with assistance
                            from Other Departments as and when required

                            Physical location of the infrastructure according to new LG boundary

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