New Zealand Gazette – 1997 – No. 152

Page 3557

✨ Electricity Company Disclosures

22 OCTOBER
NEW ZEALAND GAZETTE
3557

COUNTIES POWER LIMITED
ELECTRICITY (INFORMATION DISCLOSURE) REGULATIONS 1994

The material below is published to rectify errors and omissions in material published previously:

For Regulations 13, 15 & 16 information for the year ending 31 March 1995 is now included.
For Regulation 15 the following corrections are made for the year ending 31 March 1997:

AS DISCLOSED PREVIOUSLY	CORRECT
Load Factor 56.3%	57.2%
Circuit length of underground cables 11kV 0 km	61 km
22 kV 61 km	1 km
33 kV 1km	0 km

James M. Naughton
Chief Executive Officer
26 August 1997

COUNTIES POWER LIMITED
DISCLOSURE OF FINANCIAL PERFORMANCE MEASURES AND EFFICIENCY PERFORMANCE MEASURES PURSUANT TO REGULATION 13 AND PART II OF THE FIRST SCHEDULE OF THE ELECTRICITY (INFORMATION DISCLOSURE) REGULATIONS 1994

CERTIFICATION OF PERFORMANCE MEASURES BY AUDITORS

We have examined the information appearing, being -

a) Financial performance measures specified in clause 1 of Part II of the First Schedule to the Electricity (Information Disclosure) Regulations 1994; and

b) Financial components of the efficiency performance measures specified in clause 2 of Part II of that Schedule, -

and having been prepared by Counties Power Limited for the year ended 31 March 1997 for the purposes of regulation 13 of those regulations.

We certify that, having made all reasonable enquiry, to the best of my knowledge, that information has been prepared in accordance with the Electricity (Information Disclosure) Regulations 1994.

D.P. Scott
COOPERS & LYBRAND Chartered Accountants
On behalf of the Controller and Auditor-General
25 June 1997

YEAR TO 31 MARCH:

Financial Performance Measures

(a) Accounting return on total assets, being earnings before interest and tax, divided by average total funds employed

1997	1996	1995
2.2%	3.1%	3.0%

(b) Accounting return on equity, being net profit after tax, divided by average total shareholders’ funds

1997	1996	1995
1.8%	2.1%	2.1%

1997	1996	1995
1.2%	2.3%	1.5%

Efficiency Performance Measures

(a) Direct line cost per kilometre

1997	1996	1995
$1,176	$1,091	$1,067

(b) Indirect line cost per electricity customer

1997	1996	1995
$79	$96	$87

(Includes line business allocation of billing and customer liaison costs)

COUNTIES POWER LIMITED
DISCLOSURE OF ENERGY EFFICIENCY PERFORMANCE MEASURES AND STATISTICS PURSUANT TO REGULATION 15 OF THE ELECTRICITY (INFORMATION DISCLOSURE) REGULATIONS 1994

YEAR TO 31 MARCH:

Energy delivery efficiency performance measures

1997	1996	1995
(a) Load factor 57.2%	57.1%	57.6%
(b) Loss ratio 7.8%	8.2%	8.4%
(c) Capacity utilisation 35%	37.8%	35.5%

Statistics

(a) System length, broken down by voltage

33 kV	174 km	173 km	173 km
22 kV	138 km	22 km	22 km
11 kV	1410 km	1477 km	1445 km
400 V	1273 km	1262 km	1257 km
Total	2995 km	2934 km	2897 km

(b) Circuit length of overhead lines, broken down by voltage

33 kV	173 km	173 km	173 km
22 kV	77 km	22 km	22 km
11 kV	1410 km	1454 km	1423 km
400 V	1110 km	1104 km	1104 km
Total	2770 km	2753 km	2722 km

11 kV	61 km	23 km	22 km
22 kV	1 km	Nil	Nil
400 V	163 km	158 km	153 km
Total	225 km	181 km	175 km

1997	1996	1995
(d) Transformer capacity 229,808 kVA	197,000 kVA	197,246 kVA
(e) Maximum demand 75,335 kW	79,493 kW	70,055 kW
(f) Total electricity supplied from the system 377,336,000 kWh	373,099,000 kWh	324,626,697 kWh
(g) Total electricity conveyed through the system 1,831,400 kWh	1,477,600 kWh	NIL
(h) Total customers (average for period) 29977	29860	29049

DISCLOSURE OF RELIABILITY PERFORMANCE MEASURES PURSUANT TO REGULATION 16 OF THE ELECTRICITY (INFORMATION DISCLOSURE) REGULATIONS 1994

YEAR TO 31 MARCH:

Total number of interruptions

1997	1996	1995
(a) Planned interruptions by Transpower Nil	Nil	Nil
(b) Planned interruptions by Counties Power 207	305	312
(c) Unplanned interruptions originating within Counties Power system 258	221	198
(d) Unplanned interruptions originating with TransPower system Nil	1	1

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VUW Te Waharoa — NZ Gazette 1997, No 152

NZLII — NZ Gazette 1997, No 152

The General Assembly Library (on the right) was completed in 1899 and survived the 1907 fire. Now the oldest remaining original Parliament building, still used as the Parliamentary Library.

✨ LLM interpretation of page content

🏭 Corrections to Electricity Information Disclosure

Domain🏭 Trade, Customs & Industry
Dated26 August 1997
KeywordsElectricity, Corrections, Disclosure, Load Factor, Circuit Length
👩‍💼 Officials

James M. Naughton, Chief Executive Officer

🏭 Certification of Financial Performance Measures

Domain🏭 Trade, Customs & Industry
Dated25 June 1997
KeywordsFinancial Performance, Efficiency, Auditors, Certification
👩‍💼 Officials

D.P. Scott, COOPERS & LYBRAND Chartered Accountants, On behalf of the Controller and Auditor-General

🏭 Financial Performance Measures

Domain🏭 Trade, Customs & Industry
KeywordsFinancial Performance, Return on Assets, Return on Equity, Profit Rate

🏭 Efficiency Performance Measures

Domain🏭 Trade, Customs & Industry
KeywordsEfficiency, Direct Line Cost, Indirect Line Cost

🏭 Energy Efficiency Performance Measures

Domain🏭 Trade, Customs & Industry
KeywordsEnergy Efficiency, Load Factor, Loss Ratio, Capacity Utilisation

🏭 Reliability Performance Measures

Domain🏭 Trade, Customs & Industry
KeywordsReliability, Interruptions, Planned, Unplanned

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