New Zealand Gazette – 2004 – No. 163

Page 4022

✨ Financial Statements



4022

NEW ZEALAND GAZETTE, No. 163

14 DECEMBER 2004

2004 2003
$'000 $'000
9 Equity
(a.) Shareholders' equity -
(i) Share capital 18,000 18,000
(ii) Retained earnings 9,798 10,254
(iii) Reserves 63,813 38,460
(iv) Total shareholders' equity 91,611 66,714
(b.) Minority interests in subsidiaries - -
(c.) Total equity 91,611 66,714
(d.) Capital notes - -
(e.) Total capital funds 91,611 66,714
10 Total Equity and Liabilities 109,330 84,598
11 Operating revenue
(a.) Revenue from line/access charges 20,878 20,143
(b.) Line charge discount to consumers (6,921) (6,955)
(c.) Revenue from "other" business for services carried out by the line business (transfer payment) - -
(d.) Interest on cash, bank balances, and short-term investments 17 21
(e.) AC loss-rental rebates 842 686
(f.) Other operating revenue not listed in (a) to (d) 406 405
(g.) Total operating revenue listed in (a) to (d) 15,222 14,300

| 12 Operating expenditure | | |
| (a.) Payment for transmission charges | 5,390 | 5,241 |
| (b.) Transfer payments to the "other" business for: | | |
| (i) Asset maintenance: | 1,871 | 2,869 |
| (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): | - | - |
| (viii) Total transfer payment to the "other" business | 1,871 | 2,869 |
| (c.) Expense to entities that are not related parties for: | | |
| (i) Asset maintenance: | 1,224 | 979 |
| (ii) Consumer disconnection/reconnection services: | - | - |
| (iii) Meter data: | - | - |
| (iv) Consumer-based load control services: | - | - |
| (v) Royalty and patent expenses: | - | - |
| (vi) Total of specified expenses to non-related parties | 1,224 | 979 |
| (d.) Employee salaries, wages and redundancies | 856 | 749 |
| (e.) Consumer billing and information systems | - | - |
| (f.) Depreciation on: | | |
| (i) System fixed assets: | 2,519 | 659 |
| (ii) Other assets not listed in (i): | 562 | 354 |
| (iii) Total depreciation | 3,081 | 1,013 |
| (g.) Amortisation of: | | |
| (i) Goodwill | - | - |
| (ii) Other intangibles | - | - |
| (iii) Total amortisation of intangibles | - | - |
| (h.) Corporate and administration | 632 | 325 |
| (i.) Human resource expenses | 87 | 64 |



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Online Sources for this page:

VUW Te Waharoa — PDF NZ Gazette 2004, No 163


Gazette.govt.nz — PDF NZ Gazette 2004, No 163




✨ LLM interpretation of page content

💰 Electricity Information Disclosure Requirements 2004 (continued from previous page)

💰 Finance & Revenue
14 December 2004
Financial statements, Electricity, Shareholders' equity, Operating revenue, Operating expenditure, Depreciation