Financial Report and Valuation




Alpine Energy Limited (Lines)

Annual Valuation Reconciliation Report

| | 2001
($'000) | 2000
($'000) |
|--------------------------|--------------|--------------|
| System Fixed Assets at ODV (start of period) | 68,367 | 69,723 |
| Add System Fixed Assets acquired during the period at ODV | 2,021 | 2,120 |
| Less System Fixed Assets disposed of during the period at ODV | (36) | (732) |
| Less depreciation on System Fixed Assets at ODV | (2,873) | (2,744) |
| Add revaluations of System Fixed Assets | (523) | 0 |
| Gives System Fixed Assets at ODV (end of period) | 66,956 | 68,367 |

Valuation of the Network Reticulation System

Valuation of the Network Reticulation System is at net current value on an existing use basis, as at 31 March 2001, and was conducted by Mr Bruce Gemmell, partner of the firm KPMG, Christchurch.

Explanation of Terms

General

  • km: kilometres
  • kV: kilovolts
  • kVA: kilovolt amperes
  • kW: kilowatts
  • kWh: kilowatt hours (also referred to as units)
  • ODV: Optimised Deprival Valuation
  • GXP: Grid Exit Point

Network Statistics

  • Generation: Electricity provided by embedded generation from Opuha Dam.
  • Import: Electricity supplied to the Network from Transpower’s Network.
  • Export: Electricity supplied to Transpower’s Network from the Network at Albury GXP due to a surplus of embedded generation over demand.

Reliability and Performance Measures

  • Class A: planned interruptions by Transpower.
  • Class B: planned interruptions by Alpine Energy.
  • Class C: unplanned interruptions by Alpine Energy.
  • Class D: unplanned interruptions by Transpower.
  • Class E: unplanned interruptions on ‘generation’ lines used by Alpine Energy.
  • Class F: unplanned interruptions on ‘generation’ lines used by another line owner.
  • Class G: unplanned interruptions caused by another line owner.
  • Class H: planned interruptions caused by another line owner.
  • Class I: an interruption not referred to in Classes A to H.


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Online Sources for this page:

VUW Te Waharoa PDF NZ Gazette 2001, No 93


Gazette.govt.nz PDF NZ Gazette 2001, No 93





✨ LLM interpretation of page content

🏭 Alpine Energy Limited Network Financial Performance Measures (continued from previous page)

🏭 Trade, Customs & Industry
Financial Performance, Measures, Alpine Energy, ROF, ROI, Electricity, Network Statistics
  • Bruce Gemmell, Conducted valuation of Network Reticulation System