β¨ Financial Statements
26 FEBRUARY 2008 NEW ZEALAND GAZETTE, No. 37
847
Counties Power Limited β Lines Business
NOTES TO AND FORMING PART OF THE FINANCIAL STATEMENTS
For the Year Ended 31 March 2007
2. OPERATING REVENUE
| 2007 | 2006 | |
|---|---|---|
| $000 | $000 | |
| Revenue from lines/access charges | 31,012 | 27,890 |
| Revenue from "Other" Business for services carried out by the lines business | - | - |
| Interest on cash, bank balances and short-term investments | - | 50 |
| AC loss-rental rebates | 883 | 1,128 |
| Other operating revenue | 1,727 | 1,595 |
Total Operating Revenue | 33,622 | 30,663 |
3. OPERATING EXPENDITURE
| 2007 | 2006 | |
|---|---|---|
| $000 | $000 | |
| Transmission charges | 5,844 | 5,343 |
Transfer payments to the "Other" business for -
| Asset maintenance | 1,565 | 1,598 |
| 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 provided by "Other" business | - | - |
Total transfer payment to the "Other" business | 1,565 | 1,598 |
Expense to entities that are not related parties for -
| Asset maintenance | 1,171 | 806 |
| Consumer disconnection/reconnection services | 55 | 69 |
| Meter data | - | - |
| Consumer based load control services | - | - |
| Royalty and patent expenses | - | - |
Total of specified expenses to non-related parties | 1,226 | 875 |
| Employee salaries, wages and redundancies | 2,401 | 2,079 |
| Consumer billing and information system expense | - | - |
Depreciation on -
| System fixed assets | 4,148 | 3,796 |
| Other assets not listed | 712 | 644 |
Total depreciation | 4,860 | 4,440 |
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Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 2008, No 37
Gazette.govt.nz —
NZ Gazette 2008, No 37
β¨ LLM interpretation of page content
π°
Statement of Accounting Policies for Counties Power Limited β Lines Business
(continued from previous page)
π° Finance & Revenue26 February 2008
Operating Revenue, Operating Expenditure, Transmission Charges, Depreciation, Financial Statements