New Zealand Gazette – 1999 – No. 134

Page 3235

✨ Financial Disclosures

24 SEPTEMBER NEW ZEALAND GAZETTE 3235

 WEL Energy was involved in Krone 11 kv switch gear replacement.

(d) Construction of medium voltage switchgear 157

 WEL Energy increased the size of its network by putting in
 reticulation into new subdivisions. The costs involved in this
 area were:

(e) Construction of distribution transformers. 588

(f) Construction of distribution substations 537

(g) Construction of Low voltage reticulation 652

 WEL Energy was involved in connecting new consumers to its
 network and the following costs were incurred:

(h) Relays for new connections 368

 Consumer connections                                                                                     931

(i) Maintenance of distribution system 3,827

                                                                                                      14,279
                                                                                                      -------

In some cases estimates have been used to apportion costs between the categories listed above.

13 Additional disclosures

 Revenue from Other                                                                                     -
 Electricity Hedges Revenue                                                                             -
 Payments to Other for:
    Disconnections/Reconnection                                                                         -
    Meter data                                                                                          -
    Load control                                                                                       -
    Avoided transmission                                                                               -
    Other goods/services                                                                               -
 Payments to non related parties for:
    Asset maintenance                                                                                  -
    Disconnections/Reconnection                                                                         -
    Meter data                                                                                         -
    Load control                                                                                       -
 Takeover defence                                                                                       -
 Electricity Hedges expenditure                                                                         -
 Amortised Goodwill                                                                                     -
 Subvention payments                                                                                    -

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VUW Te Waharoa — NZ Gazette 1999, No 134

NZLII — NZ Gazette 1999, No 134

The Executive Wing of Parliament (depicted) is universally known as The Beehive. It was completed in 1977 and remains the primary office for the elected Government of the day.

✨ LLM interpretation of page content

🏭 Notes to the Financial Statements for WEL Energy Group Limited (continued from previous page)

Domain🏭 Trade, Customs & Industry
KeywordsFinancial statements, Construction costs, Distribution lines, Switchgear, Transformers, Substations, Reticulation, Maintenance, Revenue, Payments

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