✨ Financial Statements
WAIPA NETWORKS LIMITED - LINES BUSINESS
| 2003 | 2002 | |
|---|---|---|
| $ | $ |
9 Equity
(a) Shareholders' equity
(i) Share Capital
(ii) Retained Earnings
5,998,458 | 5,359,933
(iii) Reserves
34,862,235 | 34,862,235
(iv) Total Shareholders' equity
40,860,693 | 40,222,168
(b) Minority interests in subsidiaries
(c) Total Equity
40,860,693 | 40,222,168
(d) Capital notes
(e) Total capital funds
40,860,693 | 40,222,168
10 Total equity and liabilities
49,533,443 | 50,430,151
Statement of Financial Performance Disclosure (Schedule 1, Part 2)
11 Operating revenue
(a) Revenue from line/access charges
8,616,156 | 7,955,260
(b) Revenue from "Other" business (transfer payment)
(c) Income from interest on bank & short-term investments
23,131 | 31,508
(d) AC loss-rental rebates
372,073 | 732,548
(e) Other operating revenue not listed in (a) to (d)
407,996 | 271,479
(f) Total operating revenue
9,419,356 | 8,990,795
12 Operating expenditure
(a) Transmission Charges
3,454,636 | 3,391,816
(b) Transfer payments to "Other" business
(i) Asset maintenance
1,262,862
(ii) Consumer disconnections and reconnections
6,196
(iii) Meter data
(iv) Consumer-based load control
44,346 | 43,419
(v) Royalty and patent expenses
(vi) Avoided transmission charges for own generation
(vii) Other goods & services not listed in (i) to (vi) above
(viii) Total transfer payment to the "Other" business
1,313,404 | 875,340
(c) Payments to non-related entities
(i) Asset maintenance
214,561 | 214,977
(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
214,561 | 214,977
(d) Employee salaries, wages and redundancies
767,410 | 719,315
(e) Consumer billing and information system expense
43,980 | 43,484
(f) Depreciation on
(i) System fixed assets
1,189,865 | 1,149,942
(ii) Other assets not listed in (i)
103,429 | 121,813
(iii) Total depreciation expense
1,293,294 | 1,271,755
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Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 2003, No 79
Gazette.govt.nz —
NZ Gazette 2003, No 79
✨ LLM interpretation of page content
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Financial Statements Disclosure for Waipa Networks Limited
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💰 Finance & RevenueFinancial Statements, Disclosure, Equity, Operating Revenue, Operating Expenditure, Waipa Networks Limited