Financial Report




10 SEPTEMBER NEW ZEALAND GAZETTE 2759

3.0 COST OF SALES

1999

Payment by Line Business to “Other” for:

  • Meter Data
  • Consumer-Based Load Control
  • Disconnection/Reconnection Services
  • Asset Maintenance Services
  • Avoided Transmission Charges on Account of Own Generation ... 407,207
  • Other Goods & Services Provided to Line Business ... 67,704

Expenses to Non-Related Entities for:

  • Meter Data
  • Consumer-Based Load Control
  • Disconnection/Reconnection Services
  • Asset Maintenance Services ... 2,791,003
  • Avoided Transmission Charges on Account of Any Cause Other Than Own Generation

Transmission Charges ... 7,051,821
Electricity Hedges -

4.0 DEPRECIATION

System Fixed Assets ... 3,502,561
Capital Works Under Construction -
Other ... 277,534

Total Depreciation ... 3,780,095

5.0 RECEIVABLES

Trade Debtors ... 2,744,958
Other Debtors ... 958

Total Receivables ... 2,744,958

6.0 CAPITAL WORK IN PROGRESS

Subtransmission Assets ... 3,366,719
Zone Substations ... 1,985,916
Distribution Lines and Cables ... 491,437
Medium Switchgear ... 216,893
Distribution Transformers ... 538,554
Low Voltage Lines and Cables ... 67,635
Other System Fixed Assets ... 61,559

Total Capital Work in Progress ... 6,728,713



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VUW Te Waharoa PDF NZ Gazette 1999, No 115


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💰 Financial Performance Statement for The Power Company Limited (continued from previous page)

💰 Finance & Revenue
Financial Statement, Accounting Policies, Line Business, Power Company Limited