Financial Statements




6 SEPTEMBER NEW ZEALAND GAZETTE 2625

ALPINE ENERGY LIMITED
FINANCIAL STATEMENTS PREPARED IN ACCORDANCE WITH THE ELECTRICITY
(INFORMATION DISCLOSURE) REGULATIONS 1999

STATEMENT OF FINANCIAL PERFORMANCE
FOR THE YEAR ENDED 31 MARCH 1999

Notes 1999 1998
$'000 $'000

REVENUE
Revenue from line/access charges.
Revenue from line/access charges
invoiced to consumers by electricity
retailers who are not in prescribed
business relationships with the line
owner. 18,229 18,408
Revenue from line/access charges
invoiced to consumers by that line
owner. 1,263 -
Revenue from “Other” business for
services carried out by the line
business (transfer payment). - -
Income from interest on short-term
investments. - -
AC loss-rental rebates. 511 -
Electricity hedges.
Other revenue. 2 547 1,841
TOTAL REVENUE 20,550 20,249

The accompanying notes form part of these financial statements.



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