✨ Financial Statements




NEW ZEALAND GAZETTE, No. 171

22 DECEMBER 2004

4265

TRANSPOWER NEW ZEALAND LIMITED LINES BUSINESS

NOTES TO THE FINANCIAL STATEMENTS continued

FOR THE YEAR ENDED 30 JUNE 2004

2. OPERATING REVENUE

LINES BUSINESS 2004 $\'000 LINES BUSINESS 2003 $\'000
Transmission services revenue 455,416 439,616
Other revenue 1,230 1,672
Total operating revenue 456,646 441,288

Transmission services revenue consists of charges for the transmission of electricity from the point of generation to the point of supply.

Electricity regulations additional disclosures:

Revenue provided to Lines Business from Other Transpower Businesses

71

Revenue - AC loss rental rebates

2004 2003
Expense - AC loss rental rebates (38,322) (69,063)

AC loss rental rebates not passed through to customers.

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A $36 million gain arising from a Cross Border Lease disal December 2003 has been excluded from these statements as it has been deemed not to relate to the lines business. Associated expenses and taxation costs relating to this transaction have been excluded on the same basis.



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Online Sources for this page:

VUW Te Waharoa PDF NZ Gazette 2004, No 171


Gazette.govt.nz PDF NZ Gazette 2004, No 171





✨ LLM interpretation of page content

🏭 Financial Performance of Transpower New Zealand Limited Lines Business (continued from previous page)

🏭 Trade, Customs & Industry
22 December 2004
Financial Statements, Operating Revenue, Transmission Services, Electricity Regulations, Cross Border Lease