✨ Financial Statements




15 SEPTEMBER

NEW ZEALAND GAZETTE

2963

BAY OF PLENTY ELECTRICITY LIMITED

Financial Statements for the purposes of

Electricity (Information Disclosure) Regulations 1994

Notes to the Financial Statements

for the 12 months ended 31 March 1997

Network Generation Energy Trading
1997 1996 1997 1996 1997 1996
$000 $000 $000 $000 $000 $000

3 Revenue

External Income | 21,351 | 20,004 | 15,058 | 9,645 | 26,754 | 23,112 |
Internal Notional Income| - | - | 2,917 | 2,806 | - | - |
Total Revenue | 21,351 | 20,004 | 17,975 | 12,451 | 26,754 | 23,112 |

4 Operating Expenses

Operating Expenses Comprise:

Transmission Charges

  • External | 6,418 | 6,204 | - | - | - | - |
  • Avoided | 2,917 | 2,806 | - | - | - | - |

Energy Charges

  • External | - | - | 4,212 | - | 24,237 | 20,224 |
  • Internal | - | - | - | - | 729 | 1,164 |

Distribution Maintenance | 757 | 2,066 | - | - | - | - |

Line Losses

  • Internal | 662 | 591 | - | - | - | - |

Personnel | 2,124 | 1,775 | 786 | 635 | 585 | 530 |

Plant, Equipment & Property | 201 | 407 | 658 | 541 | 18 | 84 |

Audit Costs | 22 | 18 | 5 | 4 | 5 | 4 |

Bad Debts Written Off | 8 | 27 | - | - | 8 | 27 |

Directors' Costs | 107 | 102 | 23 | 22 | 23 | 22 |

Donations | 38 | 25 | 8 | 5 | 8 | 5 |

Rental and Operating Lease Obligations | 29 | 26 | 6 | 6 | 6 | 6 |

Research & Investigations | - | - | 391 | 809 | - | - |

Other Operating Costs | 2,339 | 1,926 | 1,509 | 1,211 | 562 | 742 |

Total Operating Expenses | 15,622 | 15,973 | 7,598 | 3,233 | 26,181 | 22,808 |



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🏭 Financial Statements for Bay of Plenty Electricity Limited (continued from previous page)

🏭 Trade, Customs & Industry
Financial Statements, Revenue, Operating Expenses, Transmission Charges, Energy Charges, Distribution Maintenance, Line Losses, Personnel, Plant, Equipment & Property, Audit Costs, Bad Debts, Directors' Costs, Donations, Rental, Operating Lease Obligations, Research & Investigations, Other Operating Costs