New Zealand Gazette – 2006 – No. 157

Page 4590

✨ Financial Statements Notes



UNISON NETWORKS - LINES BUSINESS

NOTES TO AND FORMING PART OF THE FINANCIAL STATEMENTS

For the year ended 31 March 2006

23 MANDATORY SPECIFIC DISCLOSURE...continued

The following information is required to be disclosed in the financial statements under requirement 6 of the Commerce Act Electricity Information Disclosure Requirements 2004.

Statement of Financial Performance Disclosure (Schedule 1, Part 2)

2006 2005
$'000 $'000
Operating revenue
(a) Revenue from line/access charges 82,474 89,956
(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: 84 143
(d) AC loss-rental rebates: 3,671 2,779
(e) Other revenue not listed in (a) to (d): 8,104 20
(f) Total operating revenue pre Discounts 94,333 92,898
2006 2005
$'000 $'000
Operating expenditure
(a) Payment for Transmission Charges 20,083 19,877
(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 expenses on account of own generation - -
(vii) Other goods and services not listed in (i) to (vi) above: - -
(viii) Total transfer payment to the "Other" business - -
(c) Expense to entities that are not related parties for:
(i) Asset maintenance: 5,490 4,136
(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 (sum of (i) to (v)) 5,490 4,136
(d) Employee salaries, wages and redundancies 7,725 7,997
(e) Consumer billing and information system expense - -
(f) Depreciation on:
(i) System fixed assets: 11,656 11,187
(ii) Other assets not listed in (i): 1,660 1,561
(iii) Total depreciation 13,316 12,748
(g) Amortisation of:
(i) Goodwill: 65,054 4,495
(ii) Other intangibles: - -
(iii) Total amortisation of intangibles 65,054 4,495
(h) Corporate and administration:
(i) Human resource expenses: 1,759 2,456
(i) Marketing/advertising: 797 381
(j) Merger and acquisition expenses: 338 153
(k) Takeover defence expenses: - -
(l) Research and development expenses: - -
(m) Consultancy and legal expenses: 3,315 613
(n) Donations: - -
(o) Directors' fees: 270 232
6,479 3,835


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VUW Te Waharoa — PDF NZ Gazette 2006, No 157


Gazette.govt.nz — PDF NZ Gazette 2006, No 157




✨ LLM interpretation of page content

🏭 Notes to Financial Statements for Unison Networks Limited (continued from previous page)

🏭 Trade, Customs & Industry
Financial statements, Commerce Act, Electricity Information Disclosure Requirements, Asset disclosure, Liability disclosure, Revenue, Expenditure