β¨ 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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VUW Te Waharoa —
NZ Gazette 1997, No 126
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NZ Gazette 1997, No 126
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Financial Statements for Bay of Plenty Electricity Limited
(continued from previous page)
π Trade, Customs & IndustryFinancial 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