New Zealand Gazette – 1997 – No. 135

Page 3177

✨ Electricity Industry Financial Disclosure

22 SEPTEMBER NEW ZEALAND GAZETTE 3177

CENTRALPOWER LIMITED

Disclosure of financial and efficiency performance measures as required by regulations 13, 14, 15 and 16 of the Electricity (Information Disclosure) regulations 1994.

The following disclosure of financial and efficiency performance measures is based on the merger of CentralPower Limited and Electro Power Limited occurring on 1 April 1996.

Year ended 31 March
1997 1996 1995

Regulation 13

Financial performance measures
(a) Accounting return on total assets ... 4.6% 6.6% 6.0%
(b) Accounting return on equity ... 3.7% 3.9% 4.8%
(c) Accounting rate of profit ... 14.7% (6.1)% 3.8%
Efficiency performance measures
(a) Direct line costs per kilometre ... $858 $564 $628
(b) Indirect line costs per electricity customer ... $283 $344 $290
(a) Load Factor ... 62.3% 63.8% 59.6%
(b) Loss Ratio ... 6.0% 6.8% 7.3%
(c) Capacity Utilisation ... 31.8% 46.1% 29.4%

Regulation 14a
4. The Optimised Deprival Valuation is $128.985 million

Regulation 15
Statistics
(a) System lengths (kms) - 33kV ... 284 267 267

11kV ... 2733 2587 2577
400V ... 1210 877 860
Total ... 4227 3731 3704

(b) Circuit lengths - 33kV ... 260 261 261
(overhead) (kms) - 11kV ... 2498 2479 2476

400V ... 659 618 609
Total ... 3417 3358 3346

400V ... 551 265 261
Total ... 810 383 375

(d) Transformer capacity (kVA) ... 400,765 180,000 290,398
(e) Maximum Demand (kW) ... 127,410 83,052 85,273
(f) Total electricity supplied (kWh) ... 694,216,524 464,223,000 445,426,839
(g) Total electricity conveyed on behalf
of other persons ... 125,540,210 0 0
(h) Total customers ... 50,913 32,060 32,657

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VUW Te Waharoa — NZ Gazette 1997, No 135

NZLII — NZ Gazette 1997, No 135

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✨ LLM interpretation of page content

🌾 CentralPower Limited Financial Statements (continued from previous page)

Domain🌾 Primary Industries & Resources
KeywordsElectricity, Financial Statements, Line Business, Electricity Retailing, Fixed Assets, Valuations

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