New Zealand Gazette – 2000 – No. 77

Page 1848

✨ Financial Statements



1848
NEW ZEALAND GAZETTE
No. 77

11. Revenue 2000 1999
(a) Revenue from Line/Access Charges 10,357,933 10,093,274
(b) Revenue from "Other" business (transfer payment) - -
(c) Income from interest on short-term investments 154,556 279,925
(d) AC loss-rental rebates 187,936 319,228
(e) Other Revenue not listed in (a) to (d) 343,175 89,602
Total revenue 11,043,600 10,782,029
12 Expenditure
(a) Transmission Charges 3,708,144 3,664,207
(b) Transfer payments to "Other" business for:
(i) Asset maintenance - -
(ii) Consumer disconnection/reconnection services - -
(iii) Meter data - -
(iv) Consumer-based load control services - -
(v) Royalty and patent expenses - -
(vi) Avoided transmission charges for own generation - -
(vii) Other goods and services not listed in (i) to (vi) - -
(viii) Total transfer payment to "Other" business - -
(c) Expense to entities that are not related parties for:
(i) Asset maintenance 1,069,804 839,920
(ii) Consumer disconnection/reconnection services - -
(iii) Meter data - -
(iv) Consumer-based load control services - -
(v) Royalty and patent expenses - -
(vi) Total of specified expenses to non-related parties 1,069,804 839,920
(d) Employee salaries and redundancies 698,099 551,795
(e) Consumer billing and information system expense 42,766 49,542
(f) Depreciation on:
(i) System fixed assets 1,325,359 1,365,436
(ii) Other assets not listed in (i) 91,341 109,992
(iii) Total depreciation 1,416,700 1,475,428
(g) Amortisation of:
(i) Goodwill - -
(ii) Other intangibles - -
(iii) Total amortisation of Intangibles - -
(h) Corporate and administration 197,252 316,573
(i) Human resource expenses 57,316 217,555
(j) Marketing/advertising 55,252 45,808
(k) Merger and acquisition expenses - -
(l) Takeover defence expenses - -
(m) Research and development expenses - -
(n) Consultancy and legal expenses 174,051 141,190
(o) Donations - -
(p) Directors' fees 84,073 91,559
(q) Auditors fees
(i) Audit fees paid to principal auditors 31,355 28,485
(ii) Audit fees paid to other auditors - -
(iii) Fees paid for other services provided by auditors - -
(iv) Total auditors' fees 31,355 28,485
(r) Costs of offering credit:
(i) Bad debts 44 1,071
(ii) Increase in estimated doubtful debts - -
(iii) Total cost of offering credit 44 1,071
(s) Local authority rates expense 6,575 6,855
(t) AC loss rentals (distribution to retailer/customers) expense - -
(u) Rebates to consumers due to ownership interest - -


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Online Sources for this page:

VUW Te Waharoa — PDF NZ Gazette 2000, No 77


Gazette.govt.nz — PDF NZ Gazette 2000, No 77




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💰 Notes to Financial Statements (continued from previous page)

💰 Finance & Revenue
Financial Statements, Revenue, Expenditure, Assets, Liabilities