✨ Financial Statements
WESTPOWER LIMITED - LINES BUSINESS
| 2007 | |
|---|---|
| $ '000 |
| 2006 | |
|---|---|
| $ '000 |
9 Equity
(a) Shareholders equity
(i) Share Capital
30,300
30,300
(ii) Retained Earnings
25,104
13,917
(iii) Reserves
36,472
22,381
(iv) Total Shareholders equity
91,876
66,598
(b) Minority interests in subsidiaries
(c) Total Equity
91,876
66,598
(d) Capital notes;
(e) Total capital funds
91,876
66,598
10 Total equity and liabilities
106,126
80,365
Statement of Financial Performance Disclosure (Schedule 1, Part 2)
11 Operating Revenue
(a) Revenue from line/access charges
13,034
11,662
(b) Revenue from "Other" business (transfer payment)
25
75
(c) Interest on cash, bank balances and short-term investments
328
43
(d) AC loss-rental rebates
289
321
(e) Other operating revenue not listed in (a) to (d)
9,957
2,029
(f) Total operating revenue
23,633
14,130
12 Operating expenditure
(a) payment for transmission charges
2,990
2,327
(b) Transfer payments to the "Other" business for -
(i) Asset maintenance
3,074
2,517
(ii) Consumer disconnections and reconnections
(iii) Meter data
(iv) Consumer-based load control
(v) Royalty and patent expenses on account of own generation
(vi) Avoided transmission charges listed above
(vii) Other goods & services not listed in (i) to (vi)
611
542
(viii) Total transfer payment to the "Other" business
3,685
3,059
(c) Payments to non-related entities
(i) Asset maintenance
242
63
(ii) Consumer disconnection/reconnection services
(iii) Meter data
(iv) Consumer-based load control
(v) Royalty and patent expenses
(vi) Total of specified expenses to non-related parties
242
63
(d) Employee salaries, wages and redundancies
(e) Consumer billing and information system expense
(f) Depreciation on
(i) System fixed assets
2,203
2,056
(ii) Other assets not listed in (i)
131
61
(iii) Total depreciation expense
2,334
2,117
(g) Amortisation of
(i) Goodwill
(ii) Other intangibles
(iii) Total amortisation of intangibles
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Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 2008, No 33
Gazette.govt.nz —
NZ Gazette 2008, No 33
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Westpower Limited Financial Statements
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🏭 Trade, Customs & IndustryFinancial Statements, Disclosure, Westpower Limited, Lines Business