✨ Financial Statements Notes
Notes to the Financial Statements (continued)
For the year ended 31 March 2006
2 Operating Revenue
| 2006 | 2005 | |
|---|---|---|
| $'000 | $'000 | |
| (a) Revenue from line/access charges: | 22,914 | 21,888 |
| (b) Revenue from "Other" business for services carried out by the line business (transfer payment): | 98 | 166 |
| (c) Interest on cash, bank balances and short term investments: | 88 | 252 |
| (d) AC loss-rental rebates: | 1,290 | 735 |
| (e) Other revenue not listed in (a) to (d): | 1,117 | 308 |
| (f) Total operating revenue | 25,507 | 23,349 |
3 Operating Expenditure
| 2006 | 2005 | |
|---|---|---|
| $'000 | $'000 | |
| (a) Payment for transmission charges | 5,046 | 5,409 |
| (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 | 1,293 | 1,282 |
| (vii) Other goods and services not listed in (i) to (vi) above | - | - |
| Total transfer payment to the "Other" business | 1,293 | 1,282 |
| (c) Expense to entities that are not related parties for: | | |
| (i) Asset maintenance: | 1,891 | 1,774 |
| (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 | 1,891 | 1,774 |
| (d) Employee salaries, wages and redundancies | 922 | 928 |
| (e) Consumer billing and information system expense | 80 | 139 |
| (f) Depreciation on: | | |
| (i) System fixed assets: | 3,268 | 2,632 |
| (ii) Other assets not listed in (i) | 218 | 347 |
| (iii) Total depreciation | 3,486 | 2,979 |
| (g) Amortisation of: | | |
| (i) Goodwill: | - | - |
| (ii) Other intangibles: | - | - |
| (iii) Total amortisation of intangibles | - | - |
| (h) Corporate and administration: | 504 | 540 |
| (i) Human resource expenses: | 65 | 106 |
| (j) Marketing/advertising: | 24 | 6 |
| (k) Merger and acquisition expenses: | - | - |
| (l) Takeover defence expenses: | - | - |
| (m) Research and development expenses: | - | - |
| (n) Consultancy and legal expenses: | 194 | 205 |
| (o) Donations: | - | - |
| (p) Directors' fees: | 160 | 193 |
| (q) Auditors' fees: | | |
| (i) Audit fees paid to principal auditors: | 45 | 37 |
| (ii) Audit fees paid to other auditors: | - | - |
| (iii) Fees paid for other services provided by principal/other auditors: | - | - |
| (iv) Total auditors' fees: | 45 | 37 |
Next Page →
Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 2006, No 158
Gazette.govt.nz —
NZ Gazette 2006, No 158
✨ LLM interpretation of page content
🏭
Notes to the Financial Statements for Eastland Network Limited
(continued from previous page)
🏭 Trade, Customs & IndustryAccounting Policies, Financial Instruments, Employee Entitlements, Foreign Currency Transactions, Tax Effect Accounting