Financial Segmental Reporting




3458

NEW ZEALAND GAZETTE

No. 108

Wairarapa Electricity Limited and Subsidiary Companies

Notes to the Accounts (continued)

16 Segmental Reporting

The group operates predominantly in three industries - Line Services, Energy and Other.

Line Business
Line business comprises the provision of reticulation systems for the conveyance of electricity.

Energy
Energy comprises the sale of electricity.

Other
Other industry activities comprise retail and contracting operations and the farming of land held with the intention of being developed for Energy Generation Projects. None of these operations constitute a separately reportable segment.

The group operates predominantly in one geographical segment - the Wairarapa Region.

Intersegment pricing is on an “arms-length basis”.

Line Business 1995 $000s Energy 1995 $000s Other 1995 $000s Eliminations 1995 $000s Consolidated 1995 $000s
External revenue 12,491 11,638 5,636 - 29,765
Intersegment revenue - - 5,354 (5,354) -
Total operating revenue 12,491 11,638 10,990 (5,354) 29,765
Segment result 2,731 435 17 - 3,183
Segment assets 34,259 2,165 10,700 - 47,124

As comparatives for 1994 are unavailable they have not been disclosed.

15



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✨ LLM interpretation of page content

💰 Notes to the Accounts of Wairarapa Electricity Limited and Subsidiary Companies (continued from previous page)

💰 Finance & Revenue
Financial Accounts, Segmental Reporting, Line Services, Energy, Wairarapa Electricity