Electricity Financial Statements




ELECTRICITY INVERCARGILL LIMITED LINE BUSINESS

NOTES TO AND FORMING PART OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2002


1. Operating Revenue

31 March 2002 31 March 2001
$000 $000

Operating Revenue Comprises:

  • Line Charges | 11,251 | 10,976 |
  • Interest on Investments| 102 | 113 |
  • Transpower Rebate | 825 | 537 |
  • Other Revenue | 68 | 53 |

Total Operating Revenue | 12,246 | 11,679 |


2. Operating Expenses

31 March 2002 31 March 2001
$000 $000

Operating Expenses include:

  • Auditors Remuneration: |

    • Statutory Audit | 31 | 24 |
    • Other | - | - |
  • Bad Debts Written Off | 1 | 2 |

  • Depreciation | 1,694 | 1,375 |

  • Directors’ Fees | 85 | 83 |

  • Interest Expense | 10 | 4 |

  • Lease Costs | - | - |

  • Loss on Disposal of Fixed Assets | 4 | 168 |



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Online Sources for this page:

VUW Te Waharoa PDF NZ Gazette 2002, No 91


Gazette.govt.nz PDF NZ Gazette 2002, No 91





✨ LLM interpretation of page content

🌾 Electricity Information Disclosure for Invercargill Limited (continued from previous page)

🌾 Primary Industries & Resources
25 July 2002
Electricity, Financial Statements, Operating Revenue, Operating Expenses, Invercargill