✨ Electricity Financial Statements
NEW ZEALAND GAZETTE
No. 92
| 31 March 2003 | 31 March 2002 |
|---|---|
| $'000 | $'000 |
Operating Revenue
(a) Revenue from line/access charges. | 12,028 | 11,251
(b) Revenue from “Other” business for services carried out by the line business (transfer payment) | - | -
(c) Interest on cash, bank balances and short-term investments | 129 | 102
(d) AC loss-rental rebates | 330 | 825
(e) Other revenue not listed in (a) to (d) | 60 | 68
Total Operating Revenue | 12,547 | 12,246
Operating Expenditure
(a) Payment for transmission charges | 3,146 | 3,231
(b) Transfer payments to the “Other” business for:
(i) Asset maintenance | - | -
(ii) Consumer disconnection/reconnection services | - | -
(iii) Meter data | - | -
(iv) Consumer-based load control services | - | -
(v) Royalty and patent expenses | - | -
(vi) Avoided transmission charges on account of own generation | - | -
(vii) Other goods and services not listed in (i) to (vi) above | - | -
Total transfer payment to the “Other” business | - | -
(c) Expense to entities that are not related parties for:
(i) Asset maintenance | 910 | 1,158
(ii) Consumer disconnection/reconnection services | - | -
(iii) Meter data | - | -
(iv) Consumer-based load control services | - | -
(v) Royalty and patent expenses | - | -
Total of specified expenses to non-related parties (sum of (i) to (v)) | 910 | 1,158
(d) Employee salaries, wages and redundancies | 363 | 552
(e) Consumer billing and information system expense | 54 | 63
(f) Depreciation on:
(i) System fixed assets: | 1,398 | 1,372
(ii) Other assets not listed in (i) | 149 | 322
Total depreciation | 1,547 | 1,694
(g) Amortisation of:
(i) Goodwill: | - | -
(ii) Other intangibles: | - | -
Total Amortisation of Intangibles | - | -
(h) Corporate and administration: | 276 | 112
(i) Human resource expenses: | 34 | 40
(j) Marketing/advertising: | 60 | 78
(k) Merger and acquisition expenses: | - | 26
(l) Takeover defence expenses: | - | -
(m) Research and development expenses: | - | -
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Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 2003, No 92
Gazette.govt.nz —
NZ Gazette 2003, No 92
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Electricity Information Disclosure for Invercargill Limited
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🏭 Trade, Customs & Industry24 July 2003
Electricity, Financial Statements, Revenue, Expenditure, Operating Costs