New Zealand Gazette – 2006 – No. 124

Page 3645

✨ Financial Statements



30 OCTOBER 2006
NEW ZEALAND GAZETTE, No. 124
3645

2. Earnings before interest and taxation

Revenue

2006 $000 2005 $000
Invoiced to consumers by electricity retailers 22,253 21,889
Line/access charges 22,253 21,889
AC loss-rental 1,136 437
Interest 113 16
Other 331 471
Total Revenue $23,833 $22,813

After Charging

2006 $000 2005 $000
Audit fees 40 27
Other accountancy services 50 120
Bad Debts 8 37
Change in provision for doubtful debts 30 -
Depreciation* 3,881 3,906
Directors fees 167 146
Interest fixed and other 830 878
Loss on sale of property, plant & equipment 90 387
Rental and lease costs 61 48

*Depreciation by Category
Land and Buildings 146 144
Distribution Assets 3,523 3,298
Leasehold Improvements 8 10
Plant and equipment 190 427
Vehicles 14 27

Customer sales discount

A total of $7.2 million plus GST was credited to consumers during the year to 31 March 2006 ($7.0 million plus GST during the year to 31 March 2005). An additional provision of $1.1 million was made during the year towards the 2006/07 sales discount.



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Online Sources for this page:

VUW Te Waharoa — PDF NZ Gazette 2006, No 124


Gazette.govt.nz — PDF NZ Gazette 2006, No 124




✨ LLM interpretation of page content

💰 Electra Limited - Earnings before interest and taxation (continued from previous page)

💰 Finance & Revenue
Revenue, Line charges, AC loss-rental, Interest, Audit fees, Depreciation, Directors fees, Rental costs, Customer sales discount