New Zealand Gazette – 2002 – No. 111

Page 2966

✨ Financial Statements Disclosure



DISCLOSURE OF INFORMATION RELATING TO FINANCIAL STATEMENTS UNDER REGULATION 6 OF THE ELECTRICITY (INFORMATION DISCLOSURE) REGULATIONS 1999, SCHEDULE 1 PART 2

Continued

2002 2001
$000's $000's

9. Equity

(a) Shareholders' Equity:-

(i) Share capital | 27,739 | 27,739 |
(ii) Retained earnings | 9,299 | 5,975 |
(iii) Reserves | 82,061 | 82,051 |
(iv) Total Shareholders' Equity (sum of (i) to (iii)) | 119,099 | 115,775 |

(b) Minority Interests in Subsidiaries

| | - | - |

(c) Total Equity (sum of (a) and (b))

| | 119,099 | 115,775 |

(d) Capital Notes

| | - | - |

(e) Total Capital Funds (sum of (c) and (d))

| | 119,099 | 115,775 |

10. Total Equity and Liabilities (Total Assets)

| | 122,526 | 121,085 |

11. Operating Revenue

(a) Revenue from line/access charges | 26,083 | 24,437 |
(b) Revenue from "Other" business (transfer payment) | - | - |
(c) Interest on Cash, Bank Balances and Short Term Investments | 50 | 128 |
(d) AC Loss-Rental Rebates | 1,607 | 1,352 |
(e) Other Operating Revenue Not Listed in (a) to (d) | 819 | 1,355 |
(f) Total Operating Revenue | 28,559 | 27,482 |

12. Operating Expenditure

(a) Payment for Transmission Charges | 9,003 | 9,445 |

(b) Transfer Payments to the "other" business for:-

(i) Asset maintenance | 2,688 | 2,370 |
(ii) Consumer disconnection/reconnection services | - | 20 |
(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) | 960 | 771 |
(viii) Total transfer payment to the 'Other' business (sum of (i) to (vii)) | 3,648 | 3,161 |

(c) Expense to Entities That Are Not Related Parties for:-

(i) Asset maintenance | 360 | 320 |
(ii) Consumer disconnection/reconnection services | - | - |
(iii) Meter data | - | - |
(iv) Consumer-based load control services | - | - |
(v) Royalty and patent expenses | - | - |
(vi) Total of specified expenses to non-related parties (sum of (i) to (v)) | 360 | 320 |

(d) Employees Salaries, Wages and Redundancies | 2,011 | 1,831 |
(e) Consumer Billing and Information System Expense | 294 | 251 |
(f) Depreciation Or:-

(i) System fixed assets | 3,218 | 3,509 |
(ii) Other assets not listed in (i) | 588 | 280 |
(iii) Total depreciation (sum of (i) and (ii)) | 3,806 | 3,789 |



Next Page →



Online Sources for this page:

VUW Te Waharoa — PDF NZ Gazette 2002, No 111


Gazette.govt.nz — PDF NZ Gazette 2002, No 111




✨ LLM interpretation of page content

🏭 Disclosure of Financial Statements under Regulation 6 of the Electricity (Information Disclosure) Regulations 1999, Schedule 1 Part 2 (continued from previous page)

🏭 Trade, Customs & Industry
Financial Statements, Shareholders' Equity, Operating Revenue, Operating Expenditure, Depreciation