Financial Statements




4288

NEW ZEALAND GAZETTE, No. 148

24 NOVEMBER 2006

31 March 2006 $000 31 March 2005 $000
Operating Revenue
(a) Revenue from line/access charges. 12,980 12,779
(b) Revenue from “Other” business for services carried out by the line business (transfer payment) - -
(c) Interest on cash, bank balances and short-term investments 262 140
(d) AC loss-rental rebates 556 258
(e) Other revenue not listed in (a) to (d) 59 121

Total Operating Revenue | 13,857 | 13,298 |

| Operating Expenditure | | |
| (a) Payment for transmission charges | 3,258 | 3,182 |
| (b) Transfer payments to the “Other” business for: | - | - |
|     (i) Asset maintenance | - | - |
|     (ii) Consumer disconnection/reconnection services | - | - |
|     (iii) Meter data | - | - |
|     (iv) Consumer-based load control services | - | - |
|     (v) Royalty and patent expenses | - | - |
|     (vi) Avoided transmission charges on account of own generation | - | - |
|     (vii) Other goods and services not listed in (i) to (vi) above | - | - |

Total transfer payment to the “Other” business | - | - |

| (c) Expense to entities that are not related parties for: | | |
|     (i) Asset maintenance | 791 | 785 |
|     (ii) Consumer disconnection/reconnection services | - | - |
|     (iii) Meter data | - | - |
|     (iv) Consumer-based load control services | - | - |
|     (v) Royalty and patent expenses | - | - |

Total of specified expenses to non-related parties | 791 | 785 |

| (d) Employee salaries, wages and redundancies | 406 | 420 |
| (e) Consumer billing and information system expense | 53 | 47 |
| (f) Depreciation on: | | |
|     (i) System fixed assets: | 1,707 | 1,676 |
|     (ii) Other assets not listed in (i) | 72 | 87 |

Total depreciation | 1,779 | 1,763 |

| (g) Amortisation of: | | |
|     (i) Goodwill: | - | - |
|     (ii) Other intangibles: | - | - |

Total Amortisation of Intangibles | - | - |

| (h) Corporate and administration: | 571 | 408 |
|     (i) Human resource expenses: | 56 | 36 |
| (j) Marketing/advertising: | 65 | 62 |
| (k) Merger and acquisition expenses: | - | - |
| (l) Takeover defence expenses: | - | - |
| (m) Research and development expenses: | - | - |



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Online Sources for this page:

VUW Te Waharoa PDF NZ Gazette 2006, No 148


Gazette.govt.nz PDF NZ Gazette 2006, No 148





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🏭 Financial Statements of Electricity Invercargill Limited Line Business (continued from previous page)

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Electricity, Financial Statements, Assets, Liabilities, Equity