✨ 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 PDF NZ Gazette 2003, No 103


Gazette.govt.nz PDF NZ Gazette 2003, No 103





✨ LLM interpretation of page content

πŸ’° Notes to the Financial Statements (continued from previous page)

πŸ’° Finance & Revenue
Operating Revenues, Operating Expenditure, Ancillary Services, Line Revenue, Transmission Charges, AC Rental Rebates, Bad Debts, Capital Contributions, Asset Maintenance