✨ Financial Statements
2916
NEW ZEALAND GAZETTE
No. 116
WEL ENERGY GROUP LIMITED
NOTES TO THE FINANCIAL STATEMENTS
For the year ended 31 March 2000
1 Operating Revenue
Line access charges 49,817 49,704
Interest 4,502 1,001
AC Rental Rebates 674 1,785
Revenue from other business - -
Other operating revenue - -
Total Operating Income 54,993 52,490
2 Operating Expenditure
Transmission charges 12,122 10,910
Transfer payments to Other business for:
Asset Maintenance 3,964 3,827
Disconnection’s/Reconnection - -
Meter data - -
Consumer based load control - -
Avoided transmission (own generation) - -
Royalties & patents - -
Other goods/services - -
Total 3,964 3,827
Expenses to entities that are not related parties for:
Asset Maintenance - -
Disconnection’s/Reconnection - -
Meter data - -
Consumer based load control - -
Royalties & patents - -
Other goods/services - -
Total - -
Employee salaries and redundancies 3,660 2,539
Customer billing & Information System expense 2 177
Depreciation on:
Distribution system 4,264 3,956
Other assets 1,557 1,087
Total 5,821 5,044
Amortisation of:
Goodwill - -
Other Intangibles - -
Total - -
Corporate & administration 667 396
Human resource expenses 503 190
Marketing & advertising 371 289
Merger and acquisition - 497
Take-over defence - -
Research & development 1 8
Consultancy & legal 1,053 2,566
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Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 2000, No 116
Gazette.govt.nz —
NZ Gazette 2000, No 116
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Wel Energy Group Limited Notes to the Financial Statements
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