New Zealand Gazette – 2003 – No. 3

Page 90

✨ Financial Statements



NEW ZEALAND GAZETTE

No. 3

note*

2002 $000 2001 $000

(c) Payments to non-related entities for:

(i) asset maintenance | - | -
(ii) consumer disconnections and reconnections | - | -
(iii) meter data | - | -
(iv) consumer-based load control | - | -
(v) royalty and patent expenses | - | -
(vi) total of specified expenses to non-related parties | - | -

(d) Employee salaries, wages and redundancies | - | -

(e) Consumer billing and information system expense | - | -

(f) Depreciation on:

(i) system fixed assets | 8,015 | 6,284
(ii) other assets not listed in (i) | 1 | 1
(iii) total depreciation expense | 8,016 | 6,285

(g) Amortisation of:

(i) goodwill | - | -
(ii) other intangibles | - | -
(iii) total amortisation of intangibles | - | -

(h) Corporate and administration | 1,246 | 743

(i) Human resource expenses | - | -

(j) Marketing and advertising | 79 | 83

(k) Merger and acquisition expenses | - | -

(l) Take-over defence expenses | - | -

(m) Research and development expenses | - | -

(n) Consultancy and legal expenses | 254 | 220

(o) Donations | - | -

(p) Directors' fees | 64 | 63

(q) Auditor's fees:

(i) audit fees to principal auditor | 16 | 20
(ii) audit fees to other auditors | - | -
(iii) fees paid for other services provided by principal and other auditors | - | -
(iv) total auditor's fees | 16 | 20

(r) Cost of offering credit:

(i) bad debts written off | - | -
(ii) increase in estimated doubtful debts | - | -
(iii) total cost of offering credit | - | -

(s) Local Authority rates expense | 97 | 97

(t) AC loss rental rebates paid to retailers | 3,207 | 2,526

(u) Rebates to consumers due to ownership interest | - | -

(v) Subvention payments | 1,574 | 2,055

(w) Unusual expenses | - | -

(x) Other expenditure not listed in (a) to (w) | - | -

13 Total Operating Expenditure (sum (12(a) to 12(x)) | 40,363 | 38,440

  • 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