β¨ Financial Statements
18 JANUARY 2005 NEW ZEALAND GAZETTE, No. 12
257
Scanpower Limited
Notes to the Financial Statements
For the Year Ended 31 March 2004
Note 1. (i) Operating Revenue
| 2004 | 2003 | |
|---|---|---|
| $'000 | $'000 |
OPERATING REVENUE
Network line rentals | 5,001 | 5,000 |
AC loss-rental rebates | 156 | 108 |
Interest income | 108 | 67 |
Total revenue | 5,265 | 5,175 |
Note 1. (ii) Operating Expenses
Audit fees | 36 | 28 |
Auditors fees for other services | 5 | 4 |
Fees paid to other auditors | 12 | 0 |
Bad debts written off | 0 | 0 |
Depreciation:
Distribution assets:
Circuit breakers | 16 | 11 |
Substations | 3 | 3 |
Transformers | 25 | 13 |
Ripple controls | 20 | 27 |
UHF links | 1 | 2 |
Overhead lines | 200 | 142 |
Underground lines | 29 | 21 |
Community lighting | 0 | 1 |
Freehold buildings & fixtures | 1 | 2 |
Motor vehicles | 7 | 9 |
Plant and equipment | 0 | 38 |
Computer equipment | 2 | 2 |
Total Depreciation | 304 | 270 |
Directors remuneration & expenses | 84 | 73 |
Change in provision for doubtful debts | 0 | 0 |
Interest paid | 0 | 0 |
Loss on sale of assets | 0 | 0 |
Network discounts | 1,819 | 1,810 |
Cost of sales & operating expenses | 2,556 | 2,707 |
Total Operating Expenses | 4,816 | 4,893 |
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Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 2005, No 12
Gazette.govt.nz —
NZ Gazette 2005, No 12
β¨ LLM interpretation of page content
π°
Statement of Significant Accounting Policies for Scanpower Limited
(continued from previous page)
π° Finance & RevenueAccounting Policies, Financial Statements, Depreciation, Employee Entitlements, Financial Instruments, Cash Flows, Accounting Changes