New Zealand Gazette – 2008 – No. 47

Page 1341

✨ Financial Statements



3 MARCH 2008

NEW ZEALAND GAZETTE, No. 47

1341

ALPINE ENERGY LIMITED LINES BUSINESS

INCOME STATEMENT FOR THE YEAR ENDED 31 MARCH 2007

REVENUE Note 2007 2006
Operating revenue
Revenue from line/access charges 27,650,820 26,644,166
Revenue from "Other" business for services carried out by the line business 0 0
Interest on cash, bank balances and short term investments 265,977 232,505
AC loss-rental rebates 771,110 1,391,624
Other revenue not listed above
    Capital Contributions 2,389,978 2,183,347
    Other 25,189 6,306
Total operating revenue 31,122,874 30,457,948

EXPENDITURE

Operating expenditure 2007 2006
Payment for transmission charges 8,652,853 8,480,826
Transfer payments to the "Other" business for
    Asset maintenance 9 2,784,500 1,252,427
    Consumer disconnection/reconnection services 0 0
    Consumer-based load control services 0 0
    Royalty and patent expenses 0 0
    Avoided transmission charges on account of own generation 0 0
    Other goods and services 9 633,945 280,683
Total transfer payment to the "Other" business 3,398,445 1,533,110
Expense to entities that are not related parties for
    Asset maintenance 9 691,591 176,172
    Consumer disconnection/reconnection services 0 0
    Meter data 0 0
    Consumer-based load control services 0 0
    Royalty and patent expenses 0 0
Total of specified expenses to non-related parties 691,591 176,172
Employee salaries, wages and redundancies 2,009,864 1,834,649
Consumer billing and information system expense 0 0
Depreciation on
    System property, plant and equipment 4,583,960 4,707,573
    Other property, plant and equipment 0 2,034
Total depreciation 4,583,960 4,709,607
Amortisation of
    Goodwill 0 0
    Other intangibles 1,464 1,182
Total amortisation of intangibles 1,464 1,182
Corporate and administration 187,440 231,900
Human resource expenses 8,187 22,085
Marketing/advertising 55,908 53,644
Merger and acquisition expenses 0 0
Takeover defense expenses 0 0
Research and development expenses 0 0
Consultancy and legal expenses 195,349 148,751
Donations 0 0


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VUW Te Waharoa — PDF NZ Gazette 2008, No 47


Gazette.govt.nz — PDF NZ Gazette 2008, No 47




✨ LLM interpretation of page content

🏭 Alpine Energy Limited Financial Statements (continued from previous page)

🏭 Trade, Customs & Industry
25 February 2008
Financial statements, Disclosure, Electricity Information Disclosure Requirements 2004