✨ Financial Notes Continuation




29 SEPTEMBER
NEW ZEALAND GAZETTE
3463

Wairarapa Electricity Limited and Subsidiary Companies

Notes to the Accounts (continued)

Efficiency performance measures

Direct line costs per kilometre, which shall be calculated in accordance with the following formula:

a
β€”
b

where

a is direct expenditure (in dollars); and
b is system length (in kilometres);

$1,626 per kilometre

Indirect line costs per electricity customer, which shall be calculated in accordance with the following formula:

a
β€”
b

where

a is indirect expenditure (in dollars); and
b is total customers;

$37.03 per customer

Line business fixed assets other than the reticulation system have been valued on the basis of depreciated historic cost.

20



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✨ LLM interpretation of page content

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

πŸ’° Finance & Revenue
Financial Instruments, Borrowings, Investments, Fair Value, Feasibility Study, Wind Generation, Capitalised Expenditure, Resource Consents, Wairarapa Electricity, Subsequent Events, Financial Performance Measures, Efficiency Performance Measures, Accounting Return, Profit Rates