New Zealand Gazette – 2000 – No. 98

Page 2455

✨ Financial Statements

21 AUGUST NEW ZEALAND GAZETTE 2455

2. OPERATING REVENUES

Operating revenues include the following items:

| | 2000
$000's | 1999
$000's |
|--------------------------------|-----------|-----------|
| AC rental rebates | 2,451 | 4,460 |
| Bad debts recovered | 25 | 18 |
| Changes in bad debt provisions | - | 66 |
| Dividends | - | - |
| Interest | - | 2,386 |
| Line revenue | 139,871 | 137,669 |
| Metering revenue reallocated | - | (4,714) |
| Other | 1,032 | 1,798 |
| | 143,379 | 141,683 |

3. OPERATING EXPENDITURE

Operating surplus before tax includes the following items:

| | 2000
$000's | 1999
$000's |
|--------------------------------|-----------|-----------|
| Payment for transmission charges (prior to loss rental rebates) | 44,489 | 43,087 |
| AC loss-rental rebates (distribution to retailers) expense | 2,451 | 4,460 |

Transfer payments to the "other" business for:

asset maintenance | 5,352 | 4,605 |
consumer disconnection/reconnection services | - | - |
meter data | - | - |
consumer-based load control services | - | 12 |
royalty and patent expenses | - | 5 |
avoided transmission charges on account of own generation | - | - |
other goods and services not listed | - | - |
| Total | 5,352 | 4,622 |

Expense to entities that are not related parties for:

asset maintenance | 2,316 | 4,174 |
consumer disconnection/reconnection services | - | - |
meter data | 5 | 10 |
consumer-based load control services | 11 | 1 |

VUW Te Waharoa — NZ Gazette 2000, No 98

Gazette.govt.nz — NZ Gazette 2000, No 98

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 of Orion New Zealand Limited (continued from previous page)

Domain💰 Finance & Revenue
KeywordsOperating Revenues, Operating Expenditure, Financial Reports, Accounting, Revenue Streams, Expense Categories, Transmission Charges, Loss-Rental Rebates, Asset Maintenance, Metering Services, Load Control Services

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