✨ Financial Statements
UNISON NETWORKS - LINES BUSINESS
NOTES TO AND FORMING PART OF THE FINANCIAL STATEMENTS
For the year ended 31 March 2007
23 MANDATORY SPECIFIC DISCLOSURE...continued
The following information is required to be disclosed in the financial statements under requirement 6 of the Commerce Act Electricity Information Disclosure Requirements 2004.
Statement of Financial Performance Disclosure (Schedule 1, Part 2)
| 2007 | 2006 | |
|---|---|---|
| $000 | $000 |
Operating revenue
(a) Revenue from line/access charges: | 83,141 | 82,474 |
(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: | (39) | 84 |
(d) AC loss-rental rebates: | 4,128 | 3,671 |
(e) Other revenue not listed in (a) to (d): | 6,443 | 8,104 |
(f) Total operating revenue pre Discounts | 93,651 | 94,333 |
Operating expenditure
| 2007 | 2006 | |
|---|---|---|
| $000 | $000 |
(a) Payment for Transmission Charges: | 20,552 | 20,083 |
(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: | 5,507 | 5,490 |
(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 ii to v): | 5,507 | 5,490 |
(d) Employee salaries, wages and redundancies: | 8,879 | 7,725 |
(e) Consumer billing and information system expense: | - | - |
(f) Depreciation on:
(i) System fixed assets: | 16,516 | 11,656 |
(ii) Other assets not listed in (i): | 1,724 | 1,660 |
(iii) Total depreciation: | 18,240 | 13,316 |
(g) Amortisation of:
(i) Goodwill: | 844 | 65,054 |
(ii) Other intangibles: | - | - |
(iii) Total amortisation of intangibles: | 844 | 65,054 |
(h) Corporate and administration:
(i) Human resource expenses: | 643 | 797 |
(j) Marketing/advertising: | 238 | 338 |
(k) Merger and acquisition expenses:
(l) Taxes other than income tax:
(m) Research and development expenses:
(n) Consultancy and legal expenses: | 1,551 | 3,315 |
(o) Donations:
(p) Directors' fees: | 295 | 270 |
Total specified expenses: | 5,583 | 6,479 |
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Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 2008, No 53
Gazette.govt.nz —
NZ Gazette 2008, No 53
✨ LLM interpretation of page content
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Unison Networks Limited - Lines Business Financial Position Statement
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