✨ Financial and Performance Amendments




Amendments to WEL Networks Limited, Information for Disclosures Gazette notice of Thursday 22 August 2002

Notes to the financial statements (page 3168)

2. Operating Expenditure

Correction of 2001 depreciation figures

Depreciation on 2002 ($000s) 2001 ($000s)
Distribution system 4,539 4,473
Other assets 1,677 2,209
Total 6,216 6,682

Notes to the financial statements (page 3172)

7. Fixed Assets

Additional note:

Reconciliation to annual valuation reconciliation report

2002 ($000s) 2001 ($000s)
Distribution System net book value 158,103 154,133
Land & Buildings net book value 1,431 1,376
Furniture, Plant and Equipment net book value 727 1,038
Total 160,261 156,547

Schedule 1 Part 5 β€” Reliability Performance Measures (pages 3179 and 3180)

No 7
Faults per 100 km (underground)
Total for 1999 should read 2.76 (not 2.99)

No 12, 13, 14, 15
SAIFI
Class D for 2001 should read 0.85 (not 0.80)
Total for 2001 should read 3.47 (not 3.42)

No 16, 17, 18, 19
CAIDI
Total for 2001 should read 45.44 (not 46.10)



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Online Sources for this page:

VUW Te Waharoa PDF NZ Gazette 2003, No 74


Gazette.govt.nz PDF NZ Gazette 2003, No 74





✨ LLM interpretation of page content

πŸ’° Amendments to WEL Networks Limited Financial and Performance Disclosures (continued from previous page)

πŸ’° Finance & Revenue
Financial statements, Depreciation, Fixed assets, Performance measures, WEL Networks Limited