New Zealand Gazette – 2005 – No. 25

Page 609

✨ Financial Statements



21 JANUARY 2005
NEW ZEALAND GAZETTE, No. 25
609

WESTPOWER LIMITED - LINES BUSINESS

2004 $ '000 2003 $ '000
9 Equity
(a) Shareholders equity
(i) Share Capital 30,300 30,300
(ii) Retained Earnings 7,987 5,503
(iii) Reserves 22,381 18,790
(iv) Total Shareholders equity 60,668 54,593
(b) Minority interests in subsidiaries
(c) Total Equity 60,668 54,593
(d) Capital notes;
(e) Total capital funds 60,668 54,593
10 Total equity and liabilities 65,027 59,451

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

11 Operating Revenue
(a) Revenue from line/access charges | 11,762 | 11,902
(b) Revenue from "Other" business (transfer payment) | 46 | 55
(c) Income from interest on bank and short-term investments | 272 | 280
(d) AC loss-rental rebates | 526 | 2,635
(e) Other operating revenue not listed in (a) to (d) | | |
(f) Total operating revenue | 12,606 | 14,872

12 Operating expenditure
(a) Transmission Charges | 2,199 | 2,208
(b) Transfer payments to "Other" business | | |
(i) Asset maintenance | 2,607 | 1,869
(ii) Consumer disconnections and reconnections | | |
(iii) Meter data | | |
(iv) Consumer-based load control | | |
(v) Royalty and patent expenses | | |
(vi) Avoided transmission charges for own generation | 574 | 507
(vii) Other goods & services not listed in (i) to (vi) above | 3,181 | 2,376
(viii) Total transfer payment to the "Other" business | | |
(c) Payments to non-related entities | | |
(i) Asset maintenance | 58 | 64
(ii) Consumer disconnections and reconnections | | |
(iii) Meter data | | |
(iv) Consumer-based load control | | |
(v) Royalty and patent expenses | | |
(vi) Total of specified expenses to non-related parties | 58 | 64
(d) Employee salaries, wages and redundancies | | |
(e) Consumer billing and information system expense | | |
(f) Depreciation on | | |
(i) System fixed assets | 1,680 | 1,583
(ii) Other assets not listed in (i) | 34 | 34
(iii) Total depreciation expense | 1,714 | 1,617
(g) Amortisation of | | |
(i) Goodwill | - | -
(ii) Other intangibles | - | -
(iii) Total amortisation of intangibles | - | -



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Online Sources for this page:

VUW Te Waharoa — PDF NZ Gazette 2005, No 25


Gazette.govt.nz — PDF NZ Gazette 2005, No 25




✨ LLM interpretation of page content

🏭 Westpower Limited Financial Statements Notes (continued from previous page)

🏭 Trade, Customs & Industry
Financial Transactions, Equity, Revenue, Expenditure, Depreciation