β¨ Financial Statements
18 AUGUST NEW ZEALAND GAZETTE 2731
2. OPERATING REVENUES
A summary of operating revenue is as follows:
| 2003 $000's | 2002 $000's | |
|---|---|---|
| Ancillary services charge | 2,874 | - |
| AC rental rebates | 4,323 | 9,014 |
| Bad debts recovered | 14 | 10 |
| Capital contributions | 4,484 | 9,241 |
| Changes in bad debt provisions | 86 | - |
| Donated/subsidised assets | 1,745 | - |
| Dividends | - | - |
| Interest | - | - |
| Line revenue | 136,767 | 128,614 |
| Profit on sale of equipment | 85 | 47 |
| Other | 273 | 655 |
| 150,651 | 147,581 |
3. OPERATING EXPENDITURE
Operating surplus before tax includes the following items:
Payment for transmission charges (prior to loss rental rebates) | 35,040 | 35,645 |
AC loss-rental rebates (distribution to retailers) expense | 4,323 | 9,014 |
Ancillary services charge | 2,874 | - |
Transfer payments to the "other" business for:
- asset maintenance | 6,581 | 7,841 |
- consumer disconnection/reconnection services | - | - |
- meter data | - | 20 |
- consumer-based load control services | - | - |
- royalty and patent expenses | - | - |
- avoided transmission charges on account of own generation | - | - |
- other goods and services not listed | - | - |
| Total | 6,581 | 7,861 |
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Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 2003, No 103
Gazette.govt.nz —
NZ Gazette 2003, No 103
β¨ LLM interpretation of page content
π°
Notes to the Financial Statements
(continued from previous page)
π° Finance & RevenueOperating Revenues, Operating Expenditure, Ancillary Services, Line Revenue, Transmission Charges, AC Rental Rebates, Bad Debts, Capital Contributions, Asset Maintenance