✨ Financial Statements
Alpine Energy Limited Lines Business
Statement of Financial Performance for the Year Ended 31 March 2005
| REVENUE | Note | 2005 | 2004 |
|---|---|---|---|
| Operating revenue: | |||
| Revenue from line/access charges | 24,814,466 | 25,217,612 | |
| Revenue from "Other" business for services carried out by the line business | 0 | 0 | |
| Interest on cash, bank balances and short term investments | 368,353 | 493,433 | |
| AC loss-rental rebates | 674,140 | 984,267 | |
| Other revenue not listed above | — | — | |
| Capital Contributions | 1,305,259 | 1,438,034 | |
| Other | 442 | 8,444 |
Total operating revenue | | 27,162,660 | 28,141,790 |
| EXPENDITURE | 2005 | 2004 | |
|---|---|---|---|
| Operating expenditure: | |||
| Payment for transmission charges | 8,533,892 | 7,546,649 | |
| Transfer payments to the "Other" business for | |||
| Asset maintenance | 8 | 1,900,370 | 2,307,220 |
| Consumer disconnection/reconnection services | 0 | 0 | |
| Meter data | 0 | 0 | |
| Consumer-based load control services | 0 | 0 | |
| Royalty and patent expenses | 0 | 0 | |
| Avoided transmission charges on account of own generation | 8 | 0 | 0 |
| Other goods and services | 8 | — | — |
Total transfer payment to the "Other" business | | 1,818,125 | 1,702,741 |
| | | 10,352,017 | 9,849,390 |
| Expense to entities that are not related parties for: | | | |
| Asset maintenance | 8 | 30,209 | 280,905 |
| Consumer disconnection/reconnection services | | 0 | 0 |
| Meter data | | 0 | 0 |
| Consumer-based load control services | | 0 | 0 |
| Royalty and patent expenses | | 0 | 0 |
Total of specified expenses to non-related parties | | 30,209 | 280,905 |
| Employee salaries, wages and redundancies | | — | — |
| Consumer billing and information system expense | | — | — |
| Depreciation on: | | | |
| System property, plant and equipment | | 3,610,155 | 3,227,882 |
| Other property, plant and equipment | | 1,292 | 1,292 |
Total depreciation | | 3,611,447 | 3,229,174 |
| Amortisation of: | | | |
| Goodwill | | 0 | 0 |
| Other intangibles | | 0 | 0 |
Total amortisation of intangibles | | 0 | 0 |
| Corporate and administration | | 120,437 | 96,332 |
| Human resource expenses | | 22,128 | 30,206 |
| Marketing/advertising | | 0 | 0 |
| Merger and acquisition expenses | | 0 | 0 |
| Takeover defence expenses | | 0 | 0 |
| Research and development expenses | | 0 | 0 |
| Consultancy and legal expenses | | 416,827 | 214,640 |
| Donations | | 0 | 0 |
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Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 2005, No 144
Gazette.govt.nz —
NZ Gazette 2005, No 144
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Alpine Energy Limited Financial Statements for the Year Ended 31 March 2005
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🏭 Trade, Customs & Industry22 August 2005
Financial Statements, Electricity Information Disclosure, Alpine Energy Limited