New Zealand Gazette – 2003 – No. 99

Page 2611

✨ Financial Statements



8 Non-Current Liabilities

note* 2003 2002
$000 $000
(a) Payables and accruals - -
(b) Long-term debt 5 117,000
117,000
(c) Deferred taxation 4 24,575
(d) Other funding not listed in (a) or (b) - -
(e) Total non-current liabilities 141,575

9 Equity

note* 2003 2002
$000 $000
(a) Shareholder’s equity:
(i) Share capital 2 2,000
(ii) Retained earnings (7,402)
(iii) Reserves 111,716
(iv) Total shareholder’s equity 106,314
(b) Minority interests in subsidiaries - -
(c) Total equity 106,314
(d) Capital notes -
(e) Total capital funds 106,314

10 Total Equity and Liabilities (7(a) + 8(c) + 9(c))

2003 2002
253,113 248,667

STATEMENT OF FINANCIAL PERFORMANCE

11 Operating Revenue

2003 2002
(a) Revenue from line/access charges 53,225 51,269
(b) Revenue from “other” business (transfer payment) - -
(c) Interest on short-term investments, cash and bank balances - -
(d) AC loss-rental rebates 1,414 3,207
(e) Other revenue not listed in (a) to (e) 4,739 4,536
(f) Total operating revenue 59,378 59,012

12 Operating Expenditure

2003 2002
(a) Transmission charges 15,949 15,092
(b) Transfer payments to “other” business:
(i) asset maintenance 7,261 6,851
(ii) consumer disconnections and reconnections - -
(iii) meter data - -
(iv) consumer-based load control - -
(v) royalty and patent expenses - -
(vi) avoided transmission charges for own generation - -
(vii) other goods and services 3,379 3,867
(viii) total transfer payment to other business 26,589 10,718
  • 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 99


Gazette.govt.nz — PDF NZ Gazette 2003, No 99




✨ LLM interpretation of page content

🏭 Disclosure of Information Required in Financial Statements (continued from previous page)

🏭 Trade, Customs & Industry
16 July 2003
Financial Statements, Disclosure, Regulations, Dunedin Electricity Limited