New Zealand Gazette – 2003 – No. 115

Page 3144

✨ Electricity Industry Disclosures



3144

NEW ZEALAND GAZETTE

No. 115

16 DISCLOSURE OF OPTIMAL DEPRIVAL VALUE (ODV) PURSUANT TO REGULATION 20
OF THE ELECTRICITY (INFORMATION DISCLOSURE) REGULATIONS 1999

ODV as per latest valuation

2003 2002 2001 2000
703,268,496 377,155,871 374,105,277 $253,264,729

17 DISCLOSURE OF PERFORMANCE MEASURES PURSUANT TO REGULATION 21
AND PART IV OF THE FIRST SCHEDULE OF THE ELECTRICITY (INFORMATION
DISCLOSURE) REGULATIONS 1999

17.1

2003 2002 2001 2000
Powerco Powerco Powerco
(a) Load Factor (time weighted) 71.7% 63.5% 63.91% 63.26%
(b) Loss Ratio (time weighted using actual data) 6.57% 5.88% 6.80% 6.80%
(c) Capacity Utilisation (time weighted) 25.7% 28.44% 28.19% 29.28%

Notes:
17.1 (a): Load factor is calculated using the time weighted average method. The load factor calculated using full-year actual data is 66.8%.
17.1 (b): Loss ratio is calculated using full year kWh data for Western area, and 5 month (1 Nov 2002 to 31 Mar 03) kWh data for Eastern area. It is a time weighted calculation based on actual data.
17.1 (c): Capacity utilisation is calculated using the time weighted average method. The capacity utilisation calculated using full-year actual data is 28%.

17.2 (a) System Length

Nominal Voltage 2003 Powerco Total System Length (km) 2002 Powerco Total System Length (km) 2001 Powerco Total System Length (km) 2000 Powerco Total System Length (km)
110kV 0.00 - - -
66kV 62.64
33kV 1,193.80 1,030.26 1,030.53 747.30
22kV 107.06 107.70 113.31 113.50
11kV 11,869.06 9,896.20 9,501.67 6,403.44
6.6kV 442.69 444.73 430.75 834.44
230/400V 5,883.85 4,481.57 4,236.34 2,760.21
Total 19,569.11 15,960.46 15,312.60 10,858.89

(b) Overhead Line Length

Nominal Voltage 2003 Powerco O/H Line Length (km) 2002 Powerco O/H Line Length (km) 2001 Powerco O/H Line Length (km) 2000 Powerco O/H Line Length (km)
110kV 0.00 - - -
66kV 62.61
33kV 1,122.13 984.31 975.51 731.14
22kV 106.71 107.37 113.07 113.23
11kV 10,959.88 9,378.37 9,012.63 6,179.87
6.6kV 432.40 434.95 430.75 828.52
230/400V 4,043.87 3,252.62 3,077.06 2,300.18
Total 16,727.59 14,157.62 13,609.03 10,152.94

(c) Underground Line Length

Nominal Voltage 2003 Powerco U/G Line Length (km) 2002 Powerco U/G Line Length (km) 2001 Powerco U/G Line Length (km) 2000 Powerco U/G Line Length (km)
110 kV 0.00 -
66kV 0.03
33kV 71.67 45.96 55.02 16.16
22kV 0.35 0.33 0.24 0.27
11kV 909.18 517.83 485.76 223.57
6.6kV 10.29 9.78 3.27 5.92
230/400V 1,839.98 1,228.95 1,159.28 460.03
Total 2,831.52 1,802.85 1,703.57 705.95

Note:
17.2 (a) - (c): System lengths are calculated using the weighted average method. The system length (HV and LV) using actual data at the financial year-end is 24,978 km.



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Online Sources for this page:

VUW Te Waharoa — PDF NZ Gazette 2003, No 115


Gazette.govt.nz — PDF NZ Gazette 2003, No 115




✨ LLM interpretation of page content

🏭 Powerco Limited Financial Statements (continued from previous page)

🏭 Trade, Customs & Industry
21 August 2003
Electricity, Financial Statements, Operating Revenue, Operating Expenditure, Line Charges, Interest, AC Loss-Rental Rebates, Transmission Charges, Asset Maintenance, Depreciation, Amortisation, Corporate Expenses, Donations, Directors' Fees, Auditors' Fees, Bad Debts, Doubtful Debts, Local Authority Rates, Subvention Payments, Unusual Expenses, Employee Salaries, Wages, Redundancies, Revaluations, Intangible Assets, System Fixed Assets, ODV Value

🏭 Disclosure of Optimal Deprival Value (ODV) Pursuant to Regulation 20

🏭 Trade, Customs & Industry
Electricity, Optimal Deprival Value, ODV, Valuation, Powerco

🏭 Disclosure of Performance Measures Pursuant to Regulation 21

🏭 Trade, Customs & Industry
Electricity, Performance Measures, Load Factor, Loss Ratio, Capacity Utilisation, System Length, Overhead Line, Underground Line, Powerco