New Zealand Gazette – 2003 – No. 3

Page 89

✨ Financial Statements



10 JANUARY

NEW ZEALAND GAZETTE

note* 2002
$000 2001
$000

8 Non-Current Liabilities

(a) Payables and accruals - -
(b) Long-term debt 5 114,000 110,800
(c) Deferred taxation 4 19,579 11,356
(d) Other funding not listed in (a) or (b) - -

(e) Total non-current liabilities 133,579 122,156

9 Equity

(a) Shareholder’s equity:

(i) Share capital 2,000 2,000
(ii) Retained earnings (3,078) (200)
(iii) Reserves 111,775 72,708
(iv) Total shareholder’s equity 110,697 74,508

(b) Minority interests in subsidiaries - -

(c) Total equity 110,697 74,508

(d) Capital notes - -

(e) Total capital funds 110,697 74,508

10 Total Equity and Liabilities (7(a) + 8(e) + 9(e)) 248,667 200,590

STATEMENT OF FINANCIAL PERFORMANCE

11 Operating Revenue

(a) Revenue from line/access charges 51,269 49,502
(b) Revenue from “other” business (transfer payment) - -
(c) Interest on short-term investments, cash and bank balances - -
(d) AC loss-rental rebates 3,207 2,526
(e) Other revenue not listed in (a) to (e) 4,536 3,435

(f) Total operating revenue 59,012 55,463

12 Operating Expenditure

(a) Transmission charges 15,092 16,218

(b) Transfer payments to “other” business:

(i) asset maintenance 6,851 6,924
(ii) consumer disconnections and reconnections - -
(iii) meter data - -
(iv) consumer-based load control - -
(v) royalty and patent expenses - -
(vi) avoided transmission charges for own generation - -
(vii) other goods and services 3,867 3,206

(viii) total transfer payment to other business 10,718 10,130

  • The accompanying notes form an integral part of these financial statements.


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Online Sources for this page:

VUW Te Waharoa — PDF NZ Gazette 2003, No 3


Gazette.govt.nz — PDF NZ Gazette 2003, No 3




✨ LLM interpretation of page content

🏭 Disclosure of Information Required in Financial Statements (continued from previous page)

🏭 Trade, Customs & Industry
14 November 2002
Financial Statements, Disclosure, Current Assets, Fixed Assets, Liabilities