✨ Financial Statements
2678
NEW ZEALAND GAZETTE
No. 97
9 Equity
(a.) Shareholders’ equity -
(i) Share capital 18,000 18,000
(ii) Retained earnings 9,809 7,428
(iii) Reserves 37,724 38,330
(iv) Total shareholders’ equity 65,533 63,758
(b.) Minority interests in subsidiaries - -
(c.) Total equity 65,533 63,758
(d.) Capital notes - -
(e.) Total capital funds 65,533 63,758
10 Total Equity and Liabilities 80,925 79,143
11 Operating revenue
(a.) Revenue from line/access charges 19,395 18,766
(b.) Line charge discount to consumers (6,951) (7,181)
(c.) Revenue from “other” business for services carried
out by the line business (transfer payment) - -
(d.) Interest on cash, bank balances, and short-term
investments 38 94
(e.) AC loss-rental rebates 1,383 984
(f.) Other operating revenue not listed in (a) to (d) 322 236
(g.) Total operating revenue 14,187 12,899
12 Operating expenditure
(a.) Payment for transmission charges 5,066 5,220
(b.) Transfer payments to the “other” business for:
(i) Asset maintenance: 2,613 2,825
(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): - -
(viii) Total transfer payment to the “other”
business 2,613 2,825
(c.) Expense to entities that are not related parties for:
(i) Asset maintenance: 1,064 390
(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 1,064 390
(d.) Employee salaries, wages and redundancies 625 589
(e.) Consumer billing and information systems - -
(f.) Depreciation on:
(i) System fixed assets: 682 796
(ii) Other assets not listed in (i): 244 179
(iii) Total depreciation 926 975
(g.) Amortisation of:
(i) Goodwill - -
(ii) Other intangibles - -
(iii) Total amortisation of intangibles 389 215
(h.) Corporate and administration 91 73
(i.) Human resource expenses 91 73
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Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 2002, No 97
Gazette.govt.nz —
NZ Gazette 2002, No 97
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Financial Information Disclosure for Electricity Sector
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💰 Finance & RevenueFinancial Statements, Electricity Sector, Assets, Liabilities, Current Assets, Fixed Assets, Intangible Assets, Current Liabilities, Non-current Liabilities, Equity, Operating Revenue, Operating Expenditure