β¨ Financial Statements
NEW ZEALAND GAZETTE
No. 193
TRANSPOWER NEW ZEALAND LIMITED GROUP
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 1998
3. REVENUE
| 1998 | 1997 | |
|---|---|---|
| $000 | $000 | |
| Transmission services revenue | 505,203 | 511,863 |
| Wholesale market services revenue | 42,953 | 32,069 |
| Other revenue | 8,737 | 6,410 |
| Total Revenue | 556,893 | 550,342 |
Related Party Transactions
Transmission services revenue from:
| 1998 | 1997 | |
|---|---|---|
| ECNZ Group | 79,235 | 79,042 |
| Contact Energy | 13,900 | 17,126 |
| Transpower Group associate | 29,598 | 21,170 |
Wholesale market services revenue from:
| 1998 | 1997 | |
|---|---|---|
| ECNZ Group | 5,595 | 7,213 |
| Contact Energy | 2,146 | 1,437 |
| Transpower Group associate | 11,370 | 8,878 |
Other revenue from:
| 1998 | 1997 | |
|---|---|---|
| ECNZ Group | 128 | 273 |
| Contact Energy | 486 | β |
| Transpower Group associate | 286 | 349 |
| BCL | 3 | 95 |
| Total | 142,747 | 135,583 |
Transmission revenue consists of charges for the transmission of electricity from the point of generation to the point of supply.
Wholesale market services revenue includes revenue from a range of security service products and grid operator services. The associated costs for security products, which are passed onto the end users, are disclosed in Note 4.
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VUW Te Waharoa —
NZ Gazette 1998, No 193
NZLII —
NZ Gazette 1998, No 193
β¨ LLM interpretation of page content
π
Transpower New Zealand Limited Notes to the Financial Statements
(continued from previous page)
π Trade, Customs & IndustryRevenue, Transmission services, Wholesale market services, Related Party Transactions, ECNZ, Contact Energy, BCL