✨ 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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VUW Te Waharoa —
NZ Gazette 1995, No 108
NZLII —
NZ Gazette 1995, No 108
✨ LLM interpretation of page content
💰
Notes to the Accounts of Wairarapa Electricity Limited and Subsidiary Companies
(continued from previous page)
💰 Finance & RevenueFinancial Accounts, Segmental Reporting, Line Services, Energy, Wairarapa Electricity