✨ Financial Report
29 AUGUST
NEW ZEALAND GAZETTE
2721
| 31 March 2001 | 31 March 2000 | |
|---|---|---|
| $'000 | $'000 |
Operating Revenue
(a) Revenue from line/access charges (net of discounts) | 22,622 | 21,460
(b) Revenue from “Other” business for services carried out by the line business (transfer payment) | - | -
(c) Interest on cash, bank balances and short-term investments | 77 | 176
(d) AC loss-rental rebates | 1,228 | 413
(e) Other revenue not listed in (a) to (d) | 280 | 221
Total Operating Revenue | 24,207 | 22,270
| 31 March 2001 | 31 March 2000 | |
|---|---|---|
| $'000 | $'000 |
Operating Expenditure
(a) Payment for transmission charges | 7,751 | 7,716
(b) Transfer payments to the “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 on account of own generation | - | -
(vii) Other goods and services not listed in (i) to (vi) above | 32 | 36
Total transfer payment to the “Other” business | 32 | 36
(c) Expense to entities that are not related parties for:
(i) Asset maintenance | 3,406 | 2,977
(ii) Consumer disconnection/reconnection services | - | -
(iii) Meter data | - | -
(iv) Consumer-based load control services | - | -
(v) Royalty and patent expenses | - | -
Total of specified expenses to non-related parties (sum of (i) to (v)) | 3,406 | 2,977
(d) Employee salaries, wages and redundancies | 887 | 1,088
(e) Consumer billing and information system expense | 114 | 89
(f) Depreciation on:
(i) System fixed assets | 4,471 | 4,089
(ii) Other assets not listed in (i) | 190 | 184
Total depreciation | 4,661 | 4,273
(g) Amortisation of:
(i) Goodwill | - | -
(ii) Other intangibles | -
Total Amortisation of intangibles | - | **-
(h) Corporate and administration | 233 | 445
(i) Human resource expenses | 77 | 114
(j) Marketing/advertising | 84 | 108
(k) Merger and acquisition expenses | - | 67
(l) Takeover defence expenses | - | -
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Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 2001, No 106
Gazette.govt.nz —
NZ Gazette 2001, No 106
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