3238 NEW ZEALAND GAZETTE No. 121

31 March 2002 31 March 2001
$'000 $'000

Operating Revenue

(a) Revenue from line/access charges (net of discounts) 21,189 22,622

(b) Revenue from “Other” business for services carried out by the line business (transfer payment) - -

(c) Interest on cash, bank balances and short-term investments 45 77

(d) AC loss-rental rebates 1,493 1,228

(e) Other revenue not listed in (a) to (d) 574 280

Total Operating Revenue 23,301 24,207

31 March 2002 31 March 2001
$'000 $'000

Operating Expenditure

(a) Payment for transmission charges 7,166 7,751

(b) Transfer payments to the “Other” business for:
(i) Asset maintenance - -
(ii) Consumer disconnection/reconnection services - -
(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) above 19 32

Total transfer payment to the “Other” business 19 32

(c) Expense to entities that are not related parties for:
(i) Asset maintenance 3,711 3,406
(ii) Consumer disconnection/reconnection services - -
(iii) Meter data - -
(iv) Consumer-based load control services - -
(v) Royalty and patent expenses -

Total of specified expenses to non-related parties (sum of (i) to (v))
3,711 3,406

(d) Employee salaries, wages and redundancies 937 887

(e) Consumer billing and information system expense 130 114

(f) Depreciation on:
(i) System fixed assets 7,247 4,471
(ii) Other assets not listed in (i) 295 190

Total depreciation 7,542 4,661

(g) Amortisation of:
(i) Goodwill - -
(ii) Other intangibles -

Total Amortisation of intangibles **-

(h) Corporate and administration: 468 233
(i) Human resource expenses: (39) 77

(j) Marketing/advertising: 88 84

(k) Merger and acquisition expenses: 26 -

(l) Takeover defence expenses: -