Financial Statements




REGULATORY NOTES TO THE FINANCIAL STATEMENTS

2003
$'000

| (ii) Consumer disconnection/reconnection services | 0 |
| (iii) Meter data | 0 |
| (iv) Consumer-based load control services | 6 | 6 |
| (v) Royalty and patent expenses | 0 |
| (vi) Avoided transmission charges on account of own generation | 0 |
| (vii) Other goods and services not listed in (i) to (vi) above | 16 | 16 |
| (viii) Total transfer payment to the "Other" business | 311 | 377 |

C

Expense to entities that are not related parties for

2003 2002
$'000 $'000

| (i) Asset maintenance | 0 | 0 |
| (ii) Consumer disconnection/reconnection services | 0 | 0 |
| (iii) Meter data | 7 | 14 |
| (iv) Consumer-based load control services | 0 | 59 |
| (v) Royalty and patent expenses | 0 | 0 |
| (vi) Total of specified expenses to non-related parties (sum of (i) to (v)) | 7 | 73 |

d

Employee salaries, wages and redundancies | 332 | 299 |

e

Consumer billing and information system expense | 13 | 13 |

f

Depreciation on:

2003 2002
$'000 $'000

| (i) System fixed assets | 220 | 214 |
| (ii) Other assets not listed in (i) | 51 | 52 |
| (iii) Total depreciation | 271 | 266 |

g

Amortisation of:

2003 2002
(i) Goodwill 0 0
(ii) Other intangibles 0 0
(iii) Total amortisation of intangibles 0 0

h

Corporate and administration | 406 | 417 |

i

Human resource expenses | 20 | 16 |

j

Marketing/advertising | 37 | 31 |

k

Merger and acquisition expenses | 0 | 0 |

l

Takeover defence expenses | 0 | 0 |

m

Research and development expenses | 0 | 0 |

n

Consultancy and legal expenses | 0 | 0 |

o

Donations | 0 | 0 |

p

Directors’ fees | 73 | 74 |

q

Auditors’ fees

2003 2002
$'000 $'000

| (i) Audit fees paid to principal auditors | 28 | 27 |
| (ii) Audit fees paid to other auditors | 0 | 11 |



Next Page →



Online Sources for this page:

VUW Te Waharoa PDF NZ Gazette 2003, No 129


Gazette.govt.nz PDF NZ Gazette 2003, No 129





✨ LLM interpretation of page content

🏭 ScanPower Limited Financial Statements for 2003 (continued from previous page)

🏭 Trade, Customs & Industry
Financial Statements, Notes, Electricity Regulations, Assets, Liabilities, Operating Revenue, Operating Expenditure