New Zealand Gazette – 2003 – No. 105

Page 2787

✨ Energy Company Financial Report



TOP ENERGY LIMITED

Performance Measures and Statistics

For the Year Ended 31 March 2003

Regulations 15 and 16

i. Financial Performance Measures

2003 2002 2001 2000
a. Return on Funds 8.60% 9.30% 7.80% 7.10%
b. Return on Equity 6.20% 8.40% 4.60% 4.90%
c. Return on Investment - excluding revaluations [Return on Investment - excluding revaluations] 6.00% 6.90% 1.50% 6.20%
[6.9%] [5.5%]

ii. Efficiency Performance Measures

2003 2002 2001 2000
a. Direct Line Costs per kilometre 1097 1,036 1,034 932
b. Indirect Line Costs per Electricity Customer 63 62 63 64

Optimised Deprival Valuation

The Optimised Deprival Valuation as at 31 March 2003 is $76,065,000

Regulation 21

i. Energy Delivery Efficiency Performance Measures

2003 2002 2001 2000
a. Load Factor 63.0% 62.0% 63.4% 62.0%
b. Loss Ratio 7.2 9.3 10.4 9.9
c. Capacity Utilisation 32.0% 32.0% 31.0% 31.0%

ii. Statistics
See table below for the following statistics:

a. System Length (kms) and breakdown by nominal line voltage.
b. Underground circuit length (kms) and breakdown by nominal line voltage.
c. Overhead circuit length (kms) and breakdown by nominal line voltage.

Kilometres Overhead Circuit Underground Circuit Total System
2003 2002 2001
33kV 245 245 245
11kV 3,115 3,101 3,092
400V 865 866 866
Total 4,225 4,212 4,203

d. Transformer Capacity (kVA)

Year 2003 2002 2001 2000
187,228 180,899 176,304 166,134

e. Maximum Demand (kW)

Year 2003 2002 2001 2000
59,000 58,060 55,000 52,000

f. Total Electricity supplied by System before losses (comparatives are after losses)

Year 2003 2002 2001 2000
326,432,018 316,149,000 305,505,191 284,076,547

g. Total Electricity conveyed by System for other persons after losses (comparatives are before losses)

Year 2003 2002 2001 2000
302,869,976 286,724,192 273,671,840 255,907,919

Retailer Information

Retailer No. 2003 2002 2001 2000
Retailer 1 213,985,548 210,461,643 218,855,428 217,251,944
Retailer 2 55,250,394 42,789,736 24,445,701
Retailer 3 19,619,233 21,080,083 20,322,513 12,301,960
Retailer 4 9,104,627 5,549,988 5,974,612 2,070,998
Retailer 5 2,458,876 3,575,163 2,990,548 1,778,818
Retailer 6 2,451,298 3,164,853 947,711 51,074
Retailer 7 111,724 185,327

Total Customers (average for year)

Year Total Customers
2003 27,590
2002 27,044
2001 26,234
2000 25,700


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Online Sources for this page:

VUW Te Waharoa — PDF NZ Gazette 2003, No 105


Gazette.govt.nz — PDF NZ Gazette 2003, No 105




✨ LLM interpretation of page content

🏭 Top Energy Limited Financial Position Statement (continued from previous page)

🏭 Trade, Customs & Industry
Financial Statements, Operating Revenue, Expenditure, Transfer Payments, Derivation Table, Financial Performance Measures