✨ Financial Statements




17 DECEMBER 2004 NEW ZEALAND GAZETTE, No. 168 4199

  1. Operating revenues

A summary of operating revenue is as follows:

| | 2004
$000's | 2003
$000's |
|--------------------------|----------------|----------------|
| Ancillary services charge | 3,039 | 2,874 |
| AC rental rebates | 6,018 | 4,323 |
| Bad debts recovered | 20 | 14 |
| Capital contributions | 2,984 | 4,484 |
| Changes in bad debt provisions | - | 86 |
| Donated/subsidised assets | 2,771 | 1,745 |
| Dividends | - | - |
| Interest | - | - |
| Line revenue | 136,936 | 136,767 |
| Profit on sale of equipment | 56 | 85 |
| Other | 450 | 273 |
| Total | 152,274 | 150,651 |

  1. Operating expenditure

Operating surplus before tax includes the following items:

  • Payment for transmission charges (prior to loss rental rebates) 34,807 35,040
  • AC loss-rental rebates (distribution to retailers) expense 6,018 4,323
  • Ancillary services charge 3,039 2,874

Transfer payments to the "other" business for:

  • asset maintenance 7,889 6,433
  • 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 not listed - -

Total 7,889 6,433



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Online Sources for this page:

VUW Te Waharoa PDF NZ Gazette 2004, No 168


Gazette.govt.nz PDF NZ Gazette 2004, No 168





✨ LLM interpretation of page content

🏭 Notes to the financial statements for Orion New Zealand Limited (continued from previous page)

🏭 Trade, Customs & Industry
Operating revenues, Ancillary services, AC rental rebates, Capital contributions, Line revenue, Operating expenditure, Transmission charges, Loss-rental rebates, Asset maintenance