✨ Financial Statements
14 JANUARY 2005
NEW ZEALAND GAZETTE, No. 5
115
note*
| 2004 | ||
|---|---|---|
| $000 | ||
| 2003 | $000 | |
8 Non-Current Liabilities
(a) Payables and accruals | - | -
(b) Long-term debt | 5 | 108,200 | 117,000
(c) Deferred taxation | 4 | 30,549 | 24,575
(d) Other funding not listed in (a) or (b) | - | -
(e) Total non-current liabilities | | 138,749 | 141,575
9 Equity
(a) Shareholder’s equity:
(i) Share capital | 2 | 9,750 | 2,000
(ii) Retained earnings | | (5,425) | (7,402)
(iii) Reserves | | 111,460 | 111,716
(iv) Total shareholder’s equity | | 115,785 | 106,314
(b) Minority interests in subsidiaries | - | -
(c) Total equity | | 115,785 | 106,314
(d) Capital notes | - | -
(e) Total capital funds | | 115,785 | 106,314
10 Total Equity and Liabilities (7(g) + 8(c) + 9(e))
| | 259,837 | 253,113STATEMENT OF FINANCIAL PERFORMANCE
11 Operating Revenue
(a) Revenue from line/access charges | | 53,023 | 53,225
(b) Revenue from “other” business (transfer payment) | - | -
(c) Interest on short-term investments, cash and bank balances | - | -
(d) AC loss-rental rebates | | 2,261 | 1,414
(e) Other revenue not listed in (a) to (d) | | 6,777 | 4,739
(f) Total operating revenue | | 62,061 | 59,378
12 Operating Expenditure
(a) Transmission charges | | 15,177 | 15,949
(b) Transfer payments to “other” business:
(i) asset maintenance | | 7,501 | 7,261
(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 | - | -
(vii) other goods and services | | 3,419 | 3,379
(viii) total transfer payment to other business | | 10,920 | 10,640
The accompanying notes form an integral part of these financial statements.
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Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 2005, No 5
Gazette.govt.nz —
NZ Gazette 2005, No 5
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