β¨ Financial Statements
2502
NEW ZEALAND GAZETTE
No. 105
notes to and forming part of the financial statements
CentralPower Limited
- Operating Surplus Before Taxation for the Year
| 1999 $000's | 1998 $000's | |
|---|---|---|
| After charging: | ||
| Depreciation system fixed assets | 4,440 | |
| Depreciation on capital works under construction | 4 | |
| Total depreciation expense | 5,364 | 4,420 |
| Transmission charges | 10,637 | |
| Payment by Line business to 'Other' for meter data | 0 | |
| Payment by Line business to 'Other' for load control | 0 | |
| Payment by Line business to 'Other' for Asset maintenance services | 2,019 | |
| Payment by Line business to 'Other' for disconnection/ reconnection services | 0 | |
| Avoided transmission charges on account of own generation | 0 | |
| Payment by Line business to 'Other' for goods and services | 0 | |
| Payment by Line business to non-related entity for meter data | 0 | |
| Payment by Line business to non-related entity for load control | 0 | |
| Payment by Line business to non-related entity for asset maintenance services | 560 | |
| Payment by Line business to non-related entity for disconnection/reconnection services | 0 | |
| Avoided transmission charges on account of any other cause other than own generation | 0 | |
| Employee salaries and redundancies | 2,202 | |
| Consumer billing and information system expense | 429 | |
| Corporate and administration | 982 | |
| Human resource expense | 298 | |
| Marketing/advertising | 21 | |
| Merger and acquisition expense | 0 | |
| Takeover defense expense | 0 | |
| Research and development expense | 0 | |
| Amortised goodwill | 0 | |
| Subvention payment | 0 | |
| Consultancy and legal expenses | 399 | |
| Electricity hedges | 0 | |
| Other expenditure | 268 | |
| Interest expense | 2,556 | |
| Total expenditure | 30,179 |
After crediting
Revenue to Lines business for goods and services provided to 'Other' | 0 |
Revenue from lines/access charges invoiced to consumers by electricity retailers | 5,611 |
Revenue from lines/access charges from Line business to final consumers | 30,865 |
AC Rental rebate | 2,047 |
Income from interest on short term investments | 19 | 601 |
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VUW Te Waharoa —
NZ Gazette 1999, No 105
NZLII —
NZ Gazette 1999, No 105
β¨ LLM interpretation of page content
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Financial Statements of CentralPower Limited
(continued from previous page)
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