✨ Financial Statements




4514

NEW ZEALAND GAZETTE

No. 190

TRANSPower NEW ZEALAND LINES BUSINESS

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 1999

  1. REVENUE
LINES BUSINESS GROUP
1999 $000 1998 $000
Revenue 494,932 556,893
Total revenue 494,932 556,893

Related party transactions

Transmission services revenue from:

| ECNZ | 59,159 | 79,235 |
| Meridian Energy Limited | 23,842 | - |
| Mighty River Power Limited | 560 | - |
| Genesis Power Limited | 664 | - |
| Contact Energy Limited | 12,047 | 13,900 |
| Transpower Group associate | 4,277 | 29,598 |
| | 100,549 | 122,733 |

Transmission revenue consists of charges for the transmission of electricity from the point of generation to the point of supply.

Electricity regulations additional disclosures

Revenue provided to Lines Business from Other Transpower Businesses 155
AC rental rebates 2,048



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🏭 Transpower New Zealand Limited Information Disclosure (continued from previous page)

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Financial Statements, Revenue, Transmission Services, Related Party Transactions, Electricity Regulations