2846

NEW ZEALAND GAZETTE

No. 108

Operating Revenue
(a) Revenue from line/access charges 25,176 23,224
(b) Revenue from “Other” business for services carried out
by the line business (transfer payment) - -
(c) Interest on cash, bank balances and short-term investments 5 45
(d) AC loss-rental rebates 711 1,493
(e) Other revenue not listed in (a) to (d) 739 574
(f) Line charge discount to consumers (2,841) (2,035)

Total Operating Revenue 23,790 23,301

Operating Expenditure
(a) Payment for transmission charges 7,046 7,166
(b) Transfer payments to the “Other” business for:
(i) Asset maintenance - -
(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) above 16 19

Total transfer payment to the “Other” business                         16          19

(c) Expense to entities that are not related parties for:
(i) Asset maintenance 4,325 3,711
(ii) Consumer disconnection/reconnection services - -
(iii) Meter data - -
(iv) Consumer-based load control services - -
(v) Royalty and patent expenses - -

Total of specified expenses to non-related parties (sum of (i) to (v))   4,325       3,711

(d) Employee salaries, wages and redundancies 1,045 937
(e) Consumer billing and information system expense 166 130
(f) Depreciation on:
(i) System fixed assets 6,994 7,247
(ii) Other assets not listed in (i) 454 295

Total depreciation                                                7,448       7,542

(g) Amortisation of:
(i) Goodwill - -
(ii) Other intangibles - -

Total Amortisation of intangibles                                   -           -

(h) Corporate and administration 494 468
(i) Human resource expenses 88 (39)
(j) Marketing/advertising 65 88
(k) Merger and acquisition expenses - 26
(l) Takeover defence expenses - -
(m) Research and development expenses - 35