3078 NEW ZEALAND GAZETTE No. 122

                                                                                       2000       1999
                                                                                       $000       $000

(c) Payments to non-related entities for:
(i) asset maintenance 10 191
(ii) consumer disconnections and reconnections - -
(iii) meter data - -
(iv) consumer-based load control - -
(v) royalty and patent expenses - -
(vi) total of specified expenses to non-related parties 10 191

(d) Employee salaries, wages and redundancies - 68

(e) Consumer billing and information system expense - -

(f) Depreciation on:
(i) system fixed assets 6,260 3,169
(ii) other assets not listed in (i) 1 5
(iii) total depreciation expense 6,261 3,174

(g) Amortisation of:
(i) goodwill - -
(ii) other intangibles - -
(iii) total amortisation of intangibles - -

(h) Corporate and administration 763 516

(i) Human resource expenses - -

(j) Marketing and advertising - -

(k) Merger and acquisition expenses - 300

(l) Take-over defence expenses - -

(m) Research and development expenses - -

(n) Consultancy and legal expenses 73 9

(o) Donations - -

(p) Directors’ fees 60 61

(q) Auditor’s fees:
(i) audit fees to principal auditor 38 28
(ii) audit fees to other auditors - -
(iii) fees paid for other services provided by principal and other auditors - -
(iv) total auditor’s fees 38 28

(r) Cost of offering credit:
(i) bad debts written off - -
(ii) increase in estimated doubtful debts - -
(iii) total cost of offering credit - -

(s) Local Authority rates expense 88 65

(t) AC loss rental rebates - -

(u) Rebates to consumers due to ownership interest - -

(v) Subvention payments 2,000 -

(w) Unusual expenses - -

(x) Other expenditure not listed in (a) to (w) - -

13. Total Operating Expenditure (sum (12(a) to 12(x)) 35,304 22,184