New Zealand Gazette – 2004 – No. 164

Page 4055

✨ Financial Statements



15 DECEMBER 2004

NEW ZEALAND GAZETTE, No. 164

9 Equity

(a) Shareholders’ equity

  • (i) Share Capital:

    • 2004: $-
    • 2003: $-

  • (ii) Retained Earnings:

    • 2004: $6,810,811
    • 2003: $5,998,458

  • (iii) Reserves:

    • 2004: $34,862,235
    • 2003: $34,862,235

  • (iv) Total Shareholders’ equity:

    • 2004: $41,673,046
    • 2003: $40,860,693

(b) Minority interests in subsidiaries

  • 2004: $-
  • 2003: $-

(c) Total Equity:

  • 2004: $41,673,046
  • 2003: $40,860,693

(d) Capital notes:

  • 2004: $-
  • 2003: $-

(e) Total capital funds:

  • 2004: $41,673,046
  • 2003: $40,860,693

10 Total equity and liabilities

  • 2004: $50,341,132
  • 2003: $49,533,443

Statement of Financial Performance Disclosure (Schedule 1, Part 2)

11 Operating revenue

(a) Revenue from line/access charges:

  • 2004: $8,693,981
  • 2003: $8,816,156

(b) Revenue from "Other" business (transfer payment):

  • 2004: $-
  • 2003: $-

(c) Income from interest on bank & short-term investments:

  • 2004: $43,120
  • 2003: $23,131

(d) AC loss-rental rebates:

  • 2004: $486,405
  • 2003: $372,073

(e) Other operating revenue not listed in (a) to (d):

  • 2004: $545,788
  • 2003: $407,996

(f) Total operating revenue:

  • 2004: $9,769,294
  • 2003: $9,419,356

12 Operating expenditure

(a) Transmission Charges:

  • 2004: $3,517,964
  • 2003: $3,454,636

(b) Transfer payments to "Other" business:

  • (i) Asset maintenance:

    • 2004: $1,248,027
    • 2003: $1,262,852

  • (ii) Consumer disconnections and reconnections:

    • 2004: $5,376
    • 2003: $6,196

  • (iii) Meter data:

    • 2004: $-
    • 2003: $-

  • (iv) Consumer-based load control:

    • 2004: $34,825
    • 2003: $44,346

  • (v) Royalty and patent expenses:

    • 2004: $-
    • 2003: $-

  • (vi) Avoided transmission charges for own generation:

    • 2004: $-
    • 2003: $-

  • (vii) Other goods & services not listed in (i) to (vi) above:

    • 2004: $-
    • 2003: $-

  • (viii) Total transfer payment to the "Other" business:

    • 2004: $1,288,228
    • 2003: $1,313,404

(c) Payments to non-related entities:

  • (i) Asset maintenance:

    • 2004: $210,275
    • 2003: $214,561

  • (ii) Consumer disconnections and reconnections:

    • 2004: $-
    • 2003: $-

  • (iii) Meter data:

    • 2004: $-
    • 2003: $-

  • (iv) Consumer-based load control:

    • 2004: $-
    • 2003: $-

  • (v) Royalty and patent expenses:

    • 2004: $-
    • 2003: $-

  • (vi) Total of specified expenses to non-related parties:

    • 2004: $210,275
    • 2003: $214,561

(d) Employee salaries, wages and redundancies:

  • 2004: $819,173
  • 2003: $767,410

(e) Consumer billing and information system expense:

  • 2004: $36,131
  • 2003: $43,980

(f) Depreciation on:

  • (i) System fixed assets:

    • 2004: $1,233,583
    • 2003: $1,189,865

  • (ii) Other assets not listed in (i):

    • 2004: $88,082
    • 2003: $103,429

  • (iii) Total depreciation expense:

    • 2004: $1,321,665
    • 2003: $1,293,294


Next Page →



Online Sources for this page:

VUW Te Waharoa — PDF NZ Gazette 2004, No 164


Gazette.govt.nz — PDF NZ Gazette 2004, No 164




✨ LLM interpretation of page content

🏭 Financial Statements of Waipa Networks Limited (continued from previous page)

🏭 Trade, Customs & Industry
2 December 2004
Financial statements, Waipa Networks Limited, Equity, Operating Revenue, Operating Expenditure, Depreciation