✨ Financial Statements




15 FEBRUARY 2008

NEW ZEALAND GAZETTE, No. 25

559

  1. Operating revenues

A summary of operating revenue is as follows:

| | 2007
$000 | 2006
$000 |
|------------------------|-------------|-------------|
| AC rental rebates | 5,700 | 7,181 |
| Bad debts recovered | 17 | 12 |
| Capital contributions | 2,425 | 5,079 |
| Changes in bad debt provisions | - | - |
| Donated/subsidised assets | 4,496 | 4,263 |
| Dividends | - | - |
| Interest | - | - |
| Line revenue | 160,664 | 151,266 |
| Profit on sale of equipment | 37 | 161 |
| Other | 930 | 692 |
| Total | 174,269 | 168,654 |

  1. Operating surplus before tax

Operating surplus before tax includes the following operating expenditure:

| | 2007
$000 | 2006
$000 |
|------------------------------------------------|-------------|-------------|
| Payment for transmission charges (prior to loss rental rebates) | 41,749 | 40,218 |
| AC loss-rental rebates (distribution to retailers) expense | 5,700 | 7,181 |

Transfer payments to the "other" business for:

  • asset maintenance | 9,964 | 6,818 |
  • consumer disconnection/reconnection services | - | - |
  • meter data | - | - |
  • consumer-based load control services | - | - |
  • royalty and patent expenses | - | - |
  • avoided transmission charges on account of own generation | - | - |
  • other goods and services not listed | - | - |

| Total | 9,964 | 6,818 |



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Online Sources for this page:

VUW Te Waharoa PDF NZ Gazette 2008, No 25


Gazette.govt.nz PDF NZ Gazette 2008, No 25





✨ LLM interpretation of page content

πŸ’° Operating Revenues Summary

πŸ’° Finance & Revenue
Revenue, Financial Summary, AC rental rebates, Line revenue

πŸ’° Operating Surplus Before Tax

πŸ’° Finance & Revenue
Operating Surplus, Transmission Charges, AC Loss-Rental Rebates