New Zealand Gazette – 2005 – No. 129

Page 3143

✨ Financial Statements

17 AUGUST 2005
NEW ZEALAND GAZETTE, No. 129
3143

Operating Revenue (Schedule 1, Part 2)

para 11

11 Operating revenue
(a) Revenue from line/access charges: 20,391,889 18,991,430
(b) Revenue from "Other" business for services carried out by the line business (transfer payment):
(c) Interest on cash, bank balances and short term investments: 482,697 786,713
(d) AC loss-rental rebates: 1,077,242 580,489
(e) Other revenue not listed in (a) to (d):
(g) Total operating revenue 21,951,828 20,358,632

Expenditure (Schedule 1, Part 2)

para 12 Operating expenditure
(a) Payment for transmission charges 5,148,446 4,811,438
(b) Transfer payments to the "Other" business for:
(i) Asset maintenance: 3,356,241 2,472,316
(ii) Consumer disconnection/reconnection services:
(iii) Meter data:
(iv) Consumer-based load control services:
(v) Royalty and patent expenses: 610,885 609,000
(vi) Avoided transmission charges on account of own generation
(vii) Other goods and services not listed in (i) to (vi) above
(viii) Total transfer payment to the "Other" business 3,967,126 3,081,316
(c) Expense to entities that are not related parties for:
(i) Asset maintenance: 535,113 499,980
(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 (sum of (i) to (v)) 535,113 499,980
(d) Employee salaries, wages and redundancies 2,059,085 1,864,981
(e) Consumer billing and information system expense 104,963 113,040
(f) Depreciation on:
(i) System fixed assets: 4,009,459 3,210,177
(ii) Other assets not listed in (i) 391,528 360,750
(iii) Total depreciation 4,400,987 3,570,927
(g) Amortisation of:
(i) Goodwill: 0 0
(ii) Other intangibles:
(iii) Total amortisation of intangibles 0 0