✨ Financial Statement Summary
14 AUGUST
NEW ZEALAND GAZETTE
2743
Operating Revenue
| 2002 | 2001 | |
|---|---|---|
| $000 | $000 | |
| (a) Revenue from line/access charges | 11,638 | 11,234 |
| (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 | 317 | 395 |
| (d) AC loss-rental rebates | 749 | 530 |
| (e) Other revenue not listed in (a) to (d) | 943 | 381 |
Total Operating Revenue | 13,647 | 12,540 |
Operating Expenditure
| 2002 | 2001 | |
|---|---|---|
| $000 | $000 | |
| (a) Payment for transmission charges | 3,952 | 3,766 |
| (b) Transfer payments to the “Other” business for: | ||
| (i) Asset maintenance | 1,150 | 1,440 |
| (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 | - | - |
Total transfer payment to the “Other” business | 1,150 | 1,440 |
| (c) Expense to entities that are not related parties for: |
| (i) Asset maintenance | 1,014 | 435 |
| (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)) | 1,014 | 435 |
| (d) Employee salaries, wages and redundancies | - | 307 |
| (e) Consumer billing and information system expense | - | - |
| (f) Depreciation on: |
| (i) System fixed assets | 1,229 | 1,132 |
| (ii) Other assets not listed in (i) | 5 | 70 |
Total depreciation | 1,234 | 1,202 |
| (g) Amortisation of: |
| (i) Goodwill | - | - |
| (ii) Other intangibles | - | - |
Total Amortisation of Intangibles | - | - |
| (h) Corporate and administration | 718 | 588 |
| (i) Human resource expenses | 4 | 26 |
| (j) Marketing/advertising | 3 | 10 |
| (k) Merger and acquisition expenses | - | - |
| (l) Takeover defence expenses | - | - |
| (m) Research and development expenses | - | - |
| (n) Consultancy and legal expenses | 132 | 80 |
| (o) Donations | - | - |
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Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 2002, No 101
Gazette.govt.nz —
NZ Gazette 2002, No 101
✨ LLM interpretation of page content
💰 Operating Revenue and Expenditure Summary
💰 Finance & RevenueFinancial Statements, Revenue, Expenditure, 2002, 2001