✨ Financial Statements
WAIPA NETWORKS LIMITED - LINES BUSINESS
| 2006 | 2005 | |
|---|---|---|
| $ | $ |
9 Equity
(a) Shareholders’ equity
(i) Share Capital | 8,239,208 | 7,448,527 |
(ii) Retained Earnings | 44,516,299 | 44,516,299|
(iii) Reserves | - | - |
(iv) Total Shareholders’ equity | 52,755,507 | 51,964,826|
(b) Minority interests in subsidiaries | - | - |
(c) Total Equity | 52,755,507 | 51,964,826|
(d) Capital notes | - | - |
(e) Total capital funds | 52,755,507 | 51,964,826|
10 Total equity and liabilities | 62,599,434 | 60,767,157|
Statement of Financial Performance Disclosure (Schedule 1, Part 2)
11 Operating revenue
(a) Revenue from line/access charges | 9,973,679 | 9,057,021 |
(b) Revenue from "Other" business (transfer payment) | - | - |
(c) Income from interest on bank & short-term investments | 15,821 | 33,073 |
(d) AC loss-rental rebates | 631,331 | 233,169 |
(e) Other operating revenue not listed in (a) to (d) | 1,120,560 | 851,615 |
(f) Total operating revenue | 11,741,391 | 10,174,878|
12 Operating expenditure
(a) Transmission Charges | 3,707,693 | 3,771,997 |
(b) Transfer payments to "Other" business |
(i) Asset maintenance | 1,689,973 | 1,299,478 |
(ii) Consumer disconnections and reconnections| 8,533 | 6,636 |
(iii) Meter data | - | - |
(iv) Consumer-based load control | 46,244 | 50,877 |
(v) Royalty and patent expenses | - | - |
(vi) Avoided transmission charges for own generation | - | - |
(vii) Other goods & services not listed in (i) to (vi) | - | - |
(viii) Total transfer payment to the "Other" business | 1,744,750 | 1,356,991|
(c) Payments to non-related entities |
(i) Asset maintenance | 480,099 | 303,432 |
(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 | 480,099 | 303,432 |
(d) Employee salaries, wages and redundancies | 916,867 | 861,950 |
(e) Consumer billing and information system expense | 46,093 | 40,759 |
(f) Depreciation on
(i) System fixed assets | 1,497,378 | 1,439,386 |
(ii) Other assets not listed in (i) | 80,671 | 80,834 |
(iii) Total depreciation expense | 1,578,049 | 1,520,220 |
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Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 2006, No 136
Gazette.govt.nz —
NZ Gazette 2006, No 136
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Financial Statements of Waipa Networks Limited
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🏢 State Enterprises & InsuranceFinancial Statements, Assets, Liabilities, Waipa Networks Limited