New Zealand Gazette – 2002 – No. 104

Page 2822

✨ Financial Statements



2822

NEW ZEALAND GAZETTE

No. 104

Counties Power Limited – Line Business

NOTES TO AND FORMING PART OF THE FINANCIAL STATEMENTS

For the Year Ended 31 March 2002

  1. REVENUE
2002 2001
$000 $000
Revenue from line/access charges 23,406 22,708
Revenue from “Other” Business for services carried out by the line business - -
Interest on cash, bank balances and short-term investments 1,364 971
AC loss-rental rebates 971 1,685
Total Operating Revenue 25,741 25,364
  1. OPERATING EXPENDITURE
2002 2001
$000 $000
Transmission charges 4,885 4,550
Transfer payments to the “Other” business for -
Asset maintenance 1,482 1,531
Consumer disconnection/reconnection services - -
Meter data - -
Consumer based load control services - -
Royalty and patent expenses - -
Avoided transmission charges on account of own generation - -
Other goods and services provided by “Other” business - -
Total transfer payment to the “Other” business 1,482 1,531
Expense to entities that are not related parties for -
Asset maintenance 491 580
Consumer disconnection/reconnection services 69 -
Meter data - -
Consumer based load control services - -
Royalty and patent expenses - -
Total of specified expenses to non-related parties 560 580
Employee salaries, wages and redundancies 1,462 1,393
Consumer billing and information system expense - -
Depreciation on -
System fixed assets 2,844 2,604
Other assets not listed 703 453
Total depreciation 3,547 3,057


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Online Sources for this page:

VUW Te Waharoa — PDF NZ Gazette 2002, No 104


Gazette.govt.nz — PDF NZ Gazette 2002, No 104




✨ LLM interpretation of page content

🏭 Counties Power Limited Statement of Financial Notes (continued from previous page)

🏭 Trade, Customs & Industry
Electricity, Financial Statements, Revenue, Operating Expenditure, Line Business, Accounting