Alpine Energy Valuation Report




NEW ZEALAND GAZETTE

No. 107

Alpine Energy Limited (Lines)

Annual Valuation Reconciliation Report

2002 2001
$ $
System Fixed Assets at ODV (start of period) 66,956,424 68,366,685
Adjustment following Commerce Commission Comprehensive Audit Process (under Commerce Act 1986) (173,000) 0
Restated System Fixed Assets at ODV (start of period) 66,783,424 68,366,685
Add System Fixed Assets acquired during the period at ODV 2,345,411 2,021,000
Less System Fixed Assets disposed of during the period at ODV (191,604) (36,000)
Less depreciation on System Fixed Assets at ODV (2,941,270) (2,872,261)
Add revaluations of System Fixed Assets 0 (523,000)
Gives System Fixed Assets at ODV (end of period) 65,995,961 66,956,424

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. The Commerce Commission has adjusted this valuation (as shown) following a comprehensive audit.

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 2002, No 107


Gazette.govt.nz PDF NZ Gazette 2002, No 107





✨ LLM interpretation of page content

🌾 Financial Performance Measures for Alpine Energy Limited (continued from previous page)

🌾 Primary Industries & Resources
Financial Performance, Electricity, Alpine Energy, Financial Statements, Return on Investment
  • Bruce Gemmell (Mr), Conducted valuation of Network Reticulation System