New Zealand Gazette – 2002 – No. 116

Page 3121

✨ Financial Statements

NEW ZEALAND GAZETTE

23 AUGUST

3121

Operating Revenue (Schedule 1, Part 2)

| para | | 2002
$ | 2001
$ |
| --- | --- | --- | --- |
| 11 | Operating revenue |
| (a) | (a) Revenue from line/access charges: | 17,455,647 | 17,020,419 |
| (b) | (b) Revenue from "Other" business for services carried out by the lines business (transfer payment): | 0 | 0 |
| (c) | (c) Interest on cash, bank balances and short term investments: | 970,539 | 324,808 |
| (e) | (d) AC loss-rental rebates: |
| (f) | (e) Other revenue not listed in (a) to (d): | 541,272 | 394,385 |
| (g) | Total operating revenue | 18,965,458 | 18,339,612 |

Expenditure (Schedule 1, Part 2)

| para | | 2002
$ | 2001
$ |
| --- | --- | --- | --- |
| 12 | Operating expenditure |
| (a) | Payment for transmission charges | 3,488,570 | 3,908,081 |
| (b) | Transfer payments to the "Other" business for: |
| (i) | Asset maintenance: | 1,709,608 | 1,944,168 |
| (ii) | Consumer disconnection/reconnection services: | 0 | 0 |
| (iii) | Meter data: | 0 | 0 |
| (iv) | Consumer-based load control services: | 0 | 0 |
| (v) | Royalty and patent expenses: | 0 | 0 |
| (vi) | Avoided transmission charges on account of own generation | 336,000 | 648,000 |
| (vii) | Other goods and services not listed in (ii) to (vi) above | 0 | 0 |
| | Total transfer payment to the "Other" business | 2,045,608 | 2,592,168 |
| (c) | Expense to entities that are not related parties for: |
| (i) | Asset maintenance: | 0 | 0 |
| (ii) | Consumer disconnection/reconnection services: | 0 | 0 |
| (iii) | Meter data: | 0 | 0 |
| (iv) | Consumer-based load control services: | 0 | 0 |
| (v) | Royalty and patent expenses: | 0 | 0 |
| (vi) | Total of specified expenses to non-related parties (sum of (i) to (v)) | 0 | 0 |
| (d) | Employee salaries, wages and redundancies | 1,741,360 | 1,660,010 |
| (e) | Consumer billing and information system expense | 115,567 | 93,127 |
| (f) | Depreciation on: |
| (i) | System fixed assets: | 2,495,401 | 2,346,545 |
| (ii) | Other assets not listed in (i) | 108,060 | 132,524 |
| (iii) | Total depreciation | 2,603,461 | 2,479,069 |
| (g) | Amortisation of: |
| (i) | Goodwill: | 0 | 0 |
| (ii) | Other intangibles: | 0 | 0 |
| (iii) | Total amortisation of intangibles | 0 | 0 |