New Zealand Gazette – 2006 – No. 164

Page 4763

✨ Financial Statements



THE LINES COMPANY LIMITED - LINE BUSINESS ACTIVITY

2006
$000's

2005
$000's

9 Equity

(a) Shareholders' equity

(i) Share capital
6,021
6,021

(ii) Retained earnings
11,983
11,316

(iii) Reserves
42,484
42,170

(iv) Total shareholders' equity
60,488
59,507

(b) Minority interests in subsidiaries

(c) Total equity
60,488
59,507

(d) Capital notes

(e) Total capital funds
60,488
59,507

10 Total equity and liabilities

101,401
102,791

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

NOTE 2 : OPERATING REVENUE

11 Operating Revenue

(a) Revenue from line/access charges
20,846
20,214

(b) Revenue from 'Other' business (transfer payment)

(c) Income from Interest on bank & short term investments
20
16

(d) AC loss-rental Rebates
510
222

(e) Other operating revenue not listed in (a) to (d)

(f) Total operating revenue
21,376
20,452

NOTE 3 : OPERATING EXPENDITURE

12 Operating Expenditure

(a) Transmission costs
4,083
4,160

(b) Transfer payments to the "Other" business for:

(i) Asset Maintenance Services
1,492
1,460

(ii) Disconnection/Reconnection Services
24
17

(iii) Meter Data

(iv) Consumer Based Load control
2
2

(v) Royalty and patent expenses

(vi) Avoided Transmission Charges

(vii) Other

75

(viii) Total transfer payments to the "Other" business
1,517
1,554

(c) Expenses to entities that are non-related parties for:

(i) Asset Maintenance Services
1,105
1,203

(ii) Disconnection/Reconnection Services

(iii) Meter Data

(iv) Consumer Based Load control
33
14

(v) Avoided Transmission Charges

(vi) Royalty and patent expenses

(vii) Total of specified expenses to non-related entities
1,139
1,217

(d) Employee salaries/redundancies
1,584
1,377

(e) Consumer Billing and Information System
81
97

(f) Depreciation on:

(i) System Fixed Assets
4,011
3,793

(ii) Other assets not listed in (i)
165
291

(iii) Total Depreciation
4,176
4,084



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Online Sources for this page:

VUW Te Waharoa — PDF NZ Gazette 2006, No 164


Gazette.govt.nz — PDF NZ Gazette 2006, No 164




✨ LLM interpretation of page content

💰 Notes to the Financial Statements for The Lines Company Limited (continued from previous page)

💰 Finance & Revenue
Financial Statements, Equity, Revenue, Expenditure, Line Business Activity