✨ Financial Statements




3168

NEW ZEALAND GAZETTE

No. 118

WEL NETWORKS LIMITED

NOTES TO THE FINANCIAL STATEMENTS
For the year ended 31 March 2002

1 Operating Revenue

Line access charges 49,813 49,858
Interest 474 421
AC Rental Rebates 2,625 2,048
Revenue from other business - -
Other operating revenue - -

Total Operating Income 52,912 52,327

2 Operating Expenditure

Transmission charges 10,472 11,148
Transfer payments to Other business for:
Asset Maintenance 3,942 4,263
Disconnections/Reconnection - -
Meter data - -
Consumer based load control - -
Avoided transmission (own generation) - -
Royalties & patents - -
Other goods/services - -
Total 3,942 4,263

Expenses to entities that are not related parties for:
Asset Maintenance - -
Disconnections/Reconnection - -
Meter data - -
Consumer based load control - -
Royalties & patents - -
Other goods/services - -
Total - -

Employee salaries and redundancies 3,377 3,204
Customer billing & Information System expense
Depreciation on:
Distribution system 4,539 4,573
Other assets 1,677 2,109
Total 6,216 6,682

Amortisation of:
Goodwill - -
Other Intangibles - -
Total - -

Corporate & administration 364 385
Human resource expenses 229 326
Marketing & advertising 316 331
Merger and acquisition 110 -
Takeover defence - -
Research & development - 10
Consultancy & legal 1,090 627

Line Business



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Online Sources for this page:

VUW Te Waharoa PDF NZ Gazette 2002, No 118


Gazette.govt.nz PDF NZ Gazette 2002, No 118





✨ LLM interpretation of page content

🏭 WEL Networks Limited Notes to the Financial Statements (continued from previous page)

🏭 Trade, Customs & Industry
Operating Revenue, Operating Expenditure, Line Access Charges, Interest, AC Rental Rebates, Transmission Charges, Asset Maintenance, Employee Salaries, Depreciation, Amortisation, Corporate Administration, Human Resources, Marketing, Consultancy, Legal