✨ Powerco Financial and Performance Disclosures




2758

NEW ZEALAND GAZETTE

No. 107

16 DISCLOSURE OF OPTIMAL DEPRIVAL VALUE (ODV) PURSUANT TO REGULATION 20
OF THE ELECTRICITY (INFORMATION DISCLOSURE) REGULATIONS 1999

ODV as per latest valuation      2001          2000
                            374,105,277   $253,264,729

17 DISCLOSURE OF PERFORMANCE MEASURES PURSUANT TO REGULATION 21
AND PART IV OF THE FIRST SCHEDULE OF THE ELECTRICITY (INFORMATION
DISCLOSURE) REGULATIONS 1999

17.1

(a) Load Factor                 2001 Powerco   2000 Powerco   1999 Powerco   1998 Powerco
                                60%         63.26%        64.72%        67.66%

(b) Loss Ratio (Refer note 1)     6.80%         26.58%        6.80%         6.15%

(c) Capacity Utilisation        28.19%        29.80%        29.80%        30.49%

Note 1. The information for this disclosure is provided by the retail companies. Some of the companies, at the time of
publication of these accounts had not provided the information required. Therefore a Loss Ratio based on incomplete data
would be grossly inaccurate (as was presented in 2000). For the purpose of this disclosure the Loss Ratio has been taken as the
1999 figure. In our opinion the Loss Ratio should not be materially different from the previous years.

17.2

(a) System Length

| Nominal Voltage | 2001 Powerco Total System Length (km) | 2000 Powerco Total System Length (km) | 1999 Powerco Total System Length (km) | 1998 Powerco Total System Length (km) |
|-----------------|------------------------------------|------------------------------------|------------------------------------|------------------------------------|
| 110kV           | -                                  | -                                  | 23.00                              |                                    |
| 33kV            | 1030.533                           | 747.30                             | 759.71                             | 568.02                             |
| 22kV            | 113.308                            | 113.50                             | 113.43                             | 113.34                             |
| 11kV            | 9501.667                           | 6,403.44                           | 6,490.71                           | 4,905.68                           |
| 6.6kV           | 430.75                             | 834.51                             | 846.51                             | 837.27                             |
| 230/400V        | 4236.341                           | 2,760.21                           | 2,903.27                           | 2,231.14                           |
| Total           | 15,312.60                          | 10,858.89                          | 11,136.63                          | 8,655.45                           |

(b) Overhead Line Length

| Nominal Voltage | 2001 Powerco O/H Line Length (km) | 2000 Powerco O/H Line Length (km) | 1999 Powerco O/H Line Length (km) | 1998 Powerco O/H Line Length (km) |
|-----------------|----------------------------------|----------------------------------|----------------------------------|----------------------------------|
| 110kV           | -                                | -                                | 23.00                            |                                  |
| 33kV            | 975.512                          | 731.14                           | 744.28                           | 554.28                           |
| 22kV            | 113.073                          | 113.23                           | 113.17                           | 113.15                           |
| 11kV            | 9012.634                         | 6,179.87                         | 6,274.93                           | 4,736.15                           |
| 6.6kV           | 430.75                           | 828.52                           | 834.67                           | 825.43                           |
| 230/400V        | 3077.06                          | 2,300.18                         | 2,413.85                           | 1,823.60                           |
| Total           | 13,609.03                        | 10,152.94                        | 10,403.90                          | 8,052.61                           |

(c) Underground Line Length

| Nominal Voltage | 2001 Powerco U/G Line Length (km) | 2000 Powerco U/G Line Length (km) | 1999 Powerco U/G Line Length (km) | 1998 Powerco U/G Line Length (km) |
|-----------------|----------------------------------|----------------------------------|----------------------------------|----------------------------------|
| 110 kV          | 55.021                           | 16.16                            | 15.43                            | 13.74                            |
| 33kV            | 0.235                            | 0.27                             | 0.23                             | 0.19                             |
| 22kV            | 485.759                          | 223.57                           | 215.78                           | 169.53                           |
| 11kV            | 3.274                            | 5.92                             | 11.84                            | 11.84                            |
| 6.6kV           | 1159.281                         | 460.03                           | 489.42                           | 407.54                           |
| 230/400V        | -                                | -                                | -                                | -                                |
| Total           | 1,703.57                         | 705.95                           | 732.69                           | 602.84                           |


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Online Sources for this page:

VUW Te Waharoa PDF NZ Gazette 2001, No 107


Gazette.govt.nz PDF NZ Gazette 2001, No 107





✨ LLM interpretation of page content

🏭 Powerco Limited Financial Statements (continued from previous page)

🏭 Trade, Customs & Industry
Financial Statements, Operating Revenue, Operating Expenditure, Asset Maintenance, Depreciation

🏭 Disclosure of Optimal Deprival Value (ODV)

🏭 Trade, Customs & Industry
Optimal Deprival Value, Valuation, Electricity Regulations

🏭 Disclosure of Performance Measures

🏭 Trade, Customs & Industry
Performance Measures, Load Factor, Loss Ratio, Capacity Utilisation, System Length, Overhead Line Length, Underground Line Length