✨ Financial Statements
2392 NEW ZEALAND GAZETTE No. 93
Counties Power Limited – Line Business
NOTES TO AND FORMING PART OF THE FINANCIAL STATEMENTS
For the Year Ended 31 March 2003
2. REVENUE
| 2003 $000 | 2002 $000 | |
|---|---|---|
| Revenue from line/access charges | 24,223 | 23,406 |
| Revenue from “Other” Business for services carried out by the line business | - | - |
| Interest on cash, bank balances and short-term investments | - | - |
| AC loss-rental rebates | 644 | 1,364 |
| Other operating revenue | 951 | 971 |
Total Operating Revenue | 25,818 | 25,741 |
3. OPERATING EXPENDITURE
| 2003 $000 | 2002 $000 | |
|---|---|---|
| Transmission charges | 5,040 | 4,885 |
Transfer payments to the “Other” business for -
| Asset maintenance | 1,493 | 1,482 |
| Consumer disconnection/reconnection services | - | - |
| Meter data | - | - |
| Consumer based load control services | - | - |
| Royalty and patent expenses | - | - |
| Avoided transmission charges on account of own generation | - | - |
| Other goods and services provided by “Other” business | - | - |
Total transfer payment to the “Other” business | 1,493 | 1,482 |
Expense to entities that are not related parties for -
| Asset maintenance | 795 | 491 |
| Consumer disconnection/reconnection services | 94 | 69 |
| Meter data | - | - |
| Consumer based load control services | - | - |
| Royalty and patent expenses | - | - |
Total of specified expenses to non-related parties | 889 | 560 |
| Employee salaries, wages and redundancies | 1,698 | 1,462 |
| Consumer billing and information system expense | - | - |
Depreciation on -
| System fixed assets | 3,018 | 2,844 |
| Other assets not listed | 774 | 703 |
Total depreciation | 3,792 | 3,547 |
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Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 2003, No 93
Gazette.govt.nz —
NZ Gazette 2003, No 93
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💰 Counties Power Limited Line Business Financial Statements
💰 Finance & RevenueFinancial Statements, Revenue, Operating Expenditure, Counties Power Limited