✨ Financial Valuation Report
Alpine Energy Limited (Lines)
Annual Valuation Reconciliation Report
| 2003 | $ | 2002 | $ | |
|---|---|---|---|---|
| System Fixed Assets at ODV (start of period) | 65,995,961 | 66,956,424 | ||
| Adjustment following Commerce Commission Comprehensive Audit Process (under Commerce Act 1986) | 0 | (173,000) | ||
| Restated System Fixed Assets at ODV (start of period) | 65,995,961 | 66,783,424 | ||
| Add System Fixed Assets acquired during the period at ODV | 3,329,561 | 2,345,411 | ||
| Less System Fixed Assets disposed of during the period at ODV | (283,300) | (191,604) | ||
| Less depreciation on System Fixed Assets at ODV | (3,134,228) | (2,941,270) | ||
| Add revaluations of System Fixed Assets | 0 | 0 | ||
| Gives System Fixed Assets at ODV (end of period) | 65,957,994 | 65,995,961 |
Valuation of the Network Reticulation System
Valuation of the Network Reticulation System is at net current value on an existing use basis, as at 31 March 2001, and was conducted by Mr Bruce Gemmell, partner of the firm KPMG, Christchurch. The Commerce Commission has adjusted this valuation (as shown) following a comprehensive audit.
Explanation of Terms
General
- km: kilometres
- kV: kilovolts
- kVA: kilovolt amperes
- kW: kilowatts
- kWh: kilowatt hours (also referred to as units)
- ODV: Optimised Deprival Valuation
- GXP: Grid Exit Point
Network Statistics
- Generation: Electricity provided by embedded generation from Opuha Dam.
- Import: Electricity supplied to the Network from Transpower’s Network.
- Export: Electricity supplied to Transpower’s Network from the Network at Albury GXP due to a surplus of embedded generation over demand.
Reliability and Performance Measures
- Class A: planned interruptions by Transpower.
- Class B: planned interruptions by Alpine Energy.
- Class C: unplanned interruptions by Alpine Energy.
- Class D: unplanned interruptions by Transpower.
- Class E: unplanned interruptions on ‘generation’ lines used by Alpine Energy.
- Class F: unplanned interruptions on ‘generation’ lines used by another line owner.
- Class G: unplanned interruptions caused by another line owner.
- Class H: planned interruptions caused by another line owner.
- Class I: an interruption not referred to in Classes A to H.
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Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 2003, No 102
Gazette.govt.nz —
NZ Gazette 2003, No 102
✨ LLM interpretation of page content
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Alpine Energy Limited Annual Valuation Reconciliation Report
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🌾 Primary Industries & ResourcesElectricity, Valuation, Financial Report, Asset Reconciliation, Alpine Energy Limited, ODV, Depreciation
- Bruce Gemmell (Mr), Conducted valuation of Network Reticulation System