✨ Financial Statements
1 DECEMBER 2006
NEW ZEALAND GAZETTE, No. 161
4695
(Notes to the Consolidated Financial Statements Continued)
| 31 March 2006 | 31 March 2005 | |
|---|---|---|
| $'000 | $'000 |
Operating Revenue
(a) Revenue from line/access charges. | 15,487 | 12,958 |
(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 | 17 | 12 |
(d) AC loss-rental rebates | 636 | 313 |
(e) Other revenue not listed in (a) to (d) | 977 | 589 |
Total Operating Revenue | 17,117 | 13,872 |
Operating Expenditure
(a) Payment for transmission charges | 4,142 | 4,291 |
(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 (refer note 13) | 2,260 | 1,854 |
(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 | 2,260 | 1,854 |
(d) Employee salaries, wages and redundancies | - | -
(e) Consumer billing and information system expense | -
(f) Depreciation on:
(i) System fixed assets | 3,491 | 3,426 |
(ii) Other assets not listed in (i) | 48 | 30 |
Total Depreciation | 3,539 | 3,456 |
(g) Amortisation of:
(i) Goodwill: | 757 | 757 |
(ii) Other intangibles: | -
Total Amortisation of Intangibles | 757 | 757 |
(h) Corporate and administration: | 691 | 575 |
(i) Human resource expenses: | -
(j) Marketing/advertising: | -
(k) Merger and acquisition expenses: | -
(l) Takeover defence expenses: | -
(m) Research and development expenses: | -
(n) Consultancy and legal expenses: | 67 | 42 |
(o) Donations: | -
(p) Directors' fees: | 50 | 45 |
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Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 2006, No 161
Gazette.govt.nz —
NZ Gazette 2006, No 161
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OtagoNet Joint Venture Lines Business Financial Statements for the Year Ended 31 March 2006
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🏭 Trade, Customs & IndustryFinancial Statements, Operating Revenue, Operating Expenditure, Depreciation, Amortisation, Intangibles, Corporate Expenses, Consultancy, Legal Expenses, Directors' Fees