New Zealand Gazette – 2005 – No. 5

Page 116

✨ Financial Statements



116 NEW ZEALAND GAZETTE, No. 5 14 JANUARY 2005

note* 2004
$000 2003
$000

(c) Payments to non-related entities for:
(i) asset maintenance - -
(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  -       -

(d) Employee salaries, wages and redundancies - -

(e) Consumer billing and information system expense - -

(f) Depreciation on:
(i) system fixed assets 9,735 8,842
(ii) other assets not listed in (i) - -

(iii)   total depreciation expense              9,735       8,842

(g) Amortisation of:
(i) goodwill - -
(ii) other intangibles - -

(iii)   total amortisation of intangibles           -       -

(h) Corporate and administration 1,136 1,092

(i) Human resource expenses                 -       -

(j) Marketing and advertising 3 17

(k) Merger and acquisition expenses - -

(l) Take-over defence expenses - -

(m) Research and development expenses - -

(n) Consultancy and legal expenses 597 646

(o) Donations - -

(p) Directors’ fees 77 72

(q) Auditor’s fees:
(i) audit fees to principal auditor 27 22
(ii) audit fees to other auditors - -
(iii) fees paid for other services provided by principal and other auditors - -

(iv)    total auditor’s fees                    27      22

(r) Cost of offering credit:
(i) bad debts written off - -
(ii) increase in estimated doubtful debts - -

(iii)   total cost of offering credit           -       -

(s) Local Authority rates expense 272 252

(t) AC loss rental rebates paid to retailers 2,261 1,414

(u) Rebates to consumers due to ownership interest - -

(v) Subvention payments 1,290 1,191

(w) Unusual expenses - -

(x) Other expenditure not listed in (a) to (w) - -

13 Total Operating Expenditure (sum (12(a) to 12(x))) 41,495 40,137

*The accompanying notes form an integral part of these financial statements.



Next Page →



Online Sources for this page:

VUW Te Waharoa — PDF NZ Gazette 2005, No 5


Gazette.govt.nz — PDF NZ Gazette 2005, No 5




✨ LLM interpretation of page content

🏭 Disclosure of Information Required in Financial Statements (continued from previous page)

🏭 Trade, Customs & Industry
Financial Statements, Disclosure, Commerce Commission, Electricity Information