New Zealand Gazette – 2005 – No. 143

Page 3503

✨ Financial Statements



UNISON NETWORKS - LINES BUSINESS

NOTES TO AND FORMING PART OF THE FINANCIAL STATEMENTS

For The Year Ended 31 March 2005

23 MANDATORY SPECIFIC DISCLOSURE...continued

The following information is required to be disclosed in the financial statements under requirement 6 of the Commerce Act Electricity Information Disclosure Requirements 2004.

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

2005 2004
$'000 $'000
Operating revenue
(a) Revenue from lineaccess charges: 89,956 72,598
(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: (143) 97
(d) AC loss-rental rebates: 2,779 2,632
(e) Other revenue not listed in (a) to (d): 20 130
(f) Total operating revenue pre Discounts: 92,698 75,457
2005 2004
$'000 $'000
Operating expenditure
(a) Payment for Transmission Charges: 19,877 18,239
(b) Transfer payments to the "other" business for: 19,877 18,239
(i) Asset maintenance: - -
(ii) Consumer disconnection/reconnection services: - -
(iii) Meter data: - -
(iv) Consumer-based load control services: - -
(v) Royalty and patent expenses: - -
(vi) Avoided transmission charges on account of own generation: - -
(vii) Other goods and services not listed in (i) to (vi) above: - -
Total transfer payment to the "Other" business: - -
(c) Expense to entities that are not related parties for:
(i) Asset maintenance: 4,138 5,021
(ii) Consumer disconnection/reconnection services: - -
(iii) Meter data: - -
(iv) Consumer-based load control services: - -
(v) Royalty and patent expenses: - -
Total of specified expenses to non-related parties (sum of (i) to (v)): 4,138 5,021
(d) Employee salaries, wages and redundancies: 7,997 5,838
(e) Consumer billing and information system expense: - -
(f) Depreciation on:
(i) System fixed assets: 11,187 10,439
(ii) Other assets not listed in (i): 1,581 1,180
Total depreciation: 12,748 11,599
(g) Amortisation of:
(i) Goodwill: 4,495 4,495
(ii) Other intangibles: - -
Total amortisation of intangibles: 4,495 4,495
(h) Corporate and administration:
(i) Human resource expenses: 2,456 1,809
(ii) Marketing/advertising: 381 82
(iii) Merger and acquisition expenses: 153 436
(iv) Takeover defense expenses: - -
(v) Research and development expenses: - 44
(vi) Consultancy and legal expenses: 613 1,111
(vii) Donations: - -
(viii) Directors' fees: 232 154
Total corporate and administration: 3,835 3,636


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VUW Te Waharoa — PDF NZ Gazette 2005, No 143


Gazette.govt.nz — PDF NZ Gazette 2005, No 143




✨ LLM interpretation of page content

🏭 Unison Networks Limited - Notes to Financial Statements (continued from previous page)

🏭 Trade, Customs & Industry
Financial reporting, Operating revenue, Operating expenditure, Depreciation, Amortisation, Corporate administration