✨ Financial Report
1256 NEW ZEALAND GAZETTE, No. 43 29 FEBRUARY 2008
| 31 March 2007 31 March 2006 |
| $000 $000 |
Operating Revenue
(a) Revenue from line/access charges 33,635 29,409
(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 - -
(d) AC loss-rental rebates 881 1,191
(e) Other revenue not listed in (a) to (d) 2,605 1,725
(f) Line charge discount to consumers (4,463) (2,935)
Total Operating Revenue 32,658 29,390
Operating Expenditure
(a) Payment for transmission charges 8,325 7,115
(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 20 20
Total transfer payment to the "Other" business 20 20
(c) Expense to entities that are not related parties for:
(i) Asset maintenance 5,143 4,020
(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
(sum of (i) to (v)) 5,143 4,020
(d) Employee salaries, wages and redundancies 1,287 1,086
(e) Consumer billing and information system expense 147 156
(f) Depreciation on:
(i) System fixed assets 9,645 9,484
(ii) Other assets not listed in (i) 194 261
Total depreciation 9,839 9,745
(g) Amortisation of:
(i) Goodwill - -
(ii) Other intangibles - -
Total Amortisation of intangibles - -
(h) Corporate and administration 1,505 1,425
(i) Human resource expenses 103 151
(j) Marketing/advertising 98 93
(k) Merger and acquisition expenses - -
(l) Takeover defence expenses - -
(m) Research and development expenses -
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Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 2008, No 43
Gazette.govt.nz —
NZ Gazette 2008, No 43
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Financial Disclosure of The Power Company Limited
(continued from previous page)
🏭 Trade, Customs & IndustryFinancial Report, Operating Revenue, Operating Expenditure, Assets, Liabilities, The Power Company Limited