✨ Financial Statements
MARLBOROUGH LINES LIMITED - LINES BUSINESS
Financial Statements Prepared in Accord with The Electricity (Information Disclosure) Regulations 1999 and Amendment Regulations 2000 and 2002
STATEMENT OF FINANCIAL PERFORMANCE
For the Year Ended 31 March 2003
| Notes | 2003 $000 | 2002 $000 |
|---|
Operating Revenue
- Revenue from line/access charges: 24,642 | 13,952
- Revenue from "Other" business for services carried out by the line business (transfer payment): 460 | 446
- Interest on cash, bank balances and short term investments: 255 | 310
- AC loss-rental rebates: 684 | 821
- Other operating revenue: 905 | 104
Total Operating Revenue: 26,946 | 15,633
Operating Expenditure
- Payment for transmission charges: 6,535 | 3,075
- Transfer payments to the "Other" business for:
- Asset maintenance: 1,268 | 1,411
- Consumer disconnection/reconnection services: -
- Meter data: -
- Consumer-based load control services: 35 | 28
- Royalty and patent expenses: -
- Avoided transmission charges on account of own generation: -
- Other goods and services: 407 | 556
Total transfer payment to the "Other" business: 1,710 | 1,995
- Expense to entities that are not related parties for:
- Asset maintenance: 1,866 | 517
- Consumer disconnection/reconnection services: -
- Meter data: -
- Consumer-based load control services: -
- Royalty and patent expenses: -
Total of specified expenses to non-related parties: 1,866 | 517
- Employee salaries, wages and redundancies: 1,429 | 1,466
- Consumer billing and information system expense: 142 | 136
- Depreciation on:
- System fixed assets: 3,886 | 1,178
- Other assets: 310 | 282
Total depreciation: 4,196 | 1,460
- Amortisation of:
- Goodwill: 567 | -
- Other intangibles: -
Total amortisation of intangibles: 567 | -
- Corporate and administration: 966 | 465
- Human resource expenses: 221 | 210
- Marketing/advertising: 132 | 180
- Merger and acquisition expenses: 600 | -
- Takeover defence expenses: -
- Research and development expenses: -
- Consultancy and legal expenses: 149 | 95
- Donations: 10 | 17
- Directors' fees: 183 | 100
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Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 2003, No 135
Gazette.govt.nz —
NZ Gazette 2003, No 135
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Marlborough Lines Limited Financial Statements
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🏗️ Infrastructure & Public WorksFinancial Statements, Operating Revenue, Operating Expenditure, Electricity, Information Disclosure, Marlborough Lines Limited