✨ Financial Statements Notes




9 OCTOBER

NEW ZEALAND GAZETTE

WEL ENERGY GROUP LIMITED

LINES BUSINESS

Notes to the Financial Statements

For the Year Ended 31 March 1995

1995
($000s)

1 Revenue

Line charges 41,436
Contracting sales 163
Interest on investments 4
Other income 39

                     41,642

2 Operating Expenditure

Net profit before tax is stated after charging:

Transmission Charges 13,276
Line losses 1,419
Wages and salaries 2,322
Depreciation 3,631
Rental and Operating Lease Costs 504

WEL Energy Group Limited recovers line losses by way of line charges to its customers, accordingly the cost of those losses is charged to the line business.



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🏭 Financial Performance Statement for WEL Energy Group Limited (continued from previous page)

🏭 Trade, Customs & Industry
Financial Performance, Revenue, Expenses, Profit, Taxation, Dividends, WEL Energy Group Limited