New Zealand Gazette – 2008 – No. 44

Page 1282

✨ Financial Statements

1282 NEW ZEALAND GAZETTE, No. 44 29 FEBRUARY 2008

	31 March 2007	31 March 2006
	$000	$000

Operating Revenue

(a) Revenue from line/access charges. | 14,077 | 12,980 |
(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 | 237 | 262 |
(d) AC loss-rental rebates | 445 | 556 |
(e) Other revenue not listed in (a) to (d) | 324 | 59 |

Total Operating Revenue | 15,083 | 13,857 |

Operating Expenditure

(a) Payment for transmission charges | 3,914 | 3,258 |
(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 | - | - |

Total transfer payment to the “Other” business | - | - |

(c) Expense to entities that are not related parties for:
(i) Asset maintenance | 1,021 | 791 |
(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 | 1,021 | 791 |

(d) Employee salaries, wages and redundancies | 658 | 406 |
(e) Consumer billing and information system expense | 76 | 53 |
(f) Depreciation on:
(i) System fixed assets: | 1,746 | 1,707 |
(ii) Other assets not listed in (i) | 114 | 72 |

Total depreciation | 1,860 | 1,779 |

(g) Amortisation of:
(i) Goodwill: | - | - |
(ii) Other intangibles: | - | - |

Total Amortisation of Intangibles | - | - |

(h) Corporate and administration: | 694 | 571 |
(i) Human resource expenses: | 60 | 56 |
(j) Marketing/advertising: | 163 | 65 |
(k) Merger and acquisition expenses: | - | - |
(l) Takeover defence expenses: | - | - |
(m) Research and development expenses: | - | - |

VUW Te Waharoa — NZ Gazette 2008, No 44

Gazette.govt.nz — NZ Gazette 2008, No 44

Parliament House (depicted) was completed in 1918 and remains the primary seat of Parliament.

✨ LLM interpretation of page content

🏗️ Electricity Invercargill Limited Line Business Disclosure of Information (continued from previous page)

Domain🏗️ Infrastructure & Public Works
KeywordsFinancial Statements, Operating Revenue, Operating Expenditure, Electricity

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