✨ Financial Statements




3140 NEW ZEALAND GAZETTE No. 130

Notes to and Forming Part of the Financial Statements

For the Year Ended 31 March 1999

8 OPERATING REVENUE

Operating Revenue for the year ended 31 March 1999

Gas Distribution 1999 $000 Gas Distribution 1998 $000
Comprises:
Sales 7,798 9,066
Interest revenue 13 27
7,811 9,093

9 OPERATING EXPENSES

Specific disclosures

Gas Distribution 1999 $000 Gas Distribution 1998 $000
Energy purchases and transmission 917 1,460
Personnel costs 521 1,135
Human resource costs 21
Consumer billing & information system expense 4 5
Depreciation on system assets 885 841
Total depreciation 914 1,011
Interest expense 896
Corporate & administration 35 203
Marketing & advertising 8 7
Consulting & legal expenses 8 22
Total expenditure 3,004 4,931


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✨ LLM interpretation of page content

🏭 Certification of Financial Statements and Performance Measures for Powerco Limited (continued from previous page)

🏭 Trade, Customs & Industry
Gas, Financial Statements, Operating Revenue, Operating Expenses, Powerco Limited, Sales, Interest Revenue, Energy Purchases, Transmission, Personnel Costs, Human Resource Costs, Consumer Billing, Depreciation, Interest Expense, Corporate Administration, Marketing, Advertising, Consulting, Legal Expenses