New Zealand Gazette – 1999 – No. 124

Page 2963

✨ Financial Statements Notes



17 SEPTEMBER NEW ZEALAND GAZETTE 2963

NOTES TO THE FINANCIAL STATEMENT
for the year ended 31 March 1999

  1. Revenue

    Revenue from Line/Access Charges:
    Revenue from Line/Access charges
    invoiced to customers by that
    Line Owner 9,407,726 9,483,949
    Revenue from Line/Access charges
    invoiced to customers by Electricity
    Retailers who are not in prescribed
    business relationships with the Line Owner - -
    Revenue from other Business for services carried
    out by the Line business 332,532 -
    Income from Interest and Short Term Investments 124,231 272,705
    AC Loss Rental Rebates - -
    Electricity Hedges - -
    Other Revenue not listed 18,308 -
    Total Revenue 9,882,797 9,756,654

  2. Operating Surplus before Rebates
    The Operating Surplus before Rebates was arrived at after providing
    for the following Expenses:

    Expenditure
    Payment for Transmission charges 2,728,370 -
    Expense of Assets maintenance carried out by other
    business 2,548,724 -
    Expense of consumer disconnection and
    reconnections carried out by other business 7,213 -
    Expense of providing Meter Data carried out by
    other business 16,946 -
    Expense of providing consumer based load control
    services carried out by other business 400 -
    Expense of Avoided transmission charges on account
    of own generation 78,912 -
    Expense of other Goods and Services provided by other
    business 231,803 -
    Expenses to non-related entities for asset maintenance
    services - -
    Expenses to non-related entities for disconnections/
    reconnections services - -
    Payment to non-related entities for providing Meter Data - -
    Payment to non-related entities for providing consumer
    based load control services - -
    Employee Salaries & Redundancies 327,635 -
    Consumer Billing and Information System expense 305,637 -
    Depreciation Expense 876,385 -
    on System Fixed Assets - -
    on Capital Works under Construction 1,182,022 1,278,518
    Total depreciation expense 343,872 -
    Corporate and Administration - -
    Total other Human Resource Expenses - -
    Marketing/Advertising - -



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✨ LLM interpretation of page content

💰 Statement of Cash Flows for the year ended 31 March 1999 (continued from previous page)

💰 Finance & Revenue
Cash Flows, Operating Activities, Investing Activities, Financing Activities, Financial Statements