BUSINESSES
SOME AMENDMENTS TO
INFORMATION FOR DISCLOSURE
FOR THE 2005/2006 FINANCIAL YEAR
PURSUANT TO
SECTION 57T OF THE COMMERCE ACT 1986
NORTHPOWER LIMITED
STATEMENT OF FINANCIAL PERFORMANCE - LINE BUSINESS
For the Year Ended 31 March 2006
Notes 2006 2005
$000's $000's
Operating Revenue 1 $35,761 $33,548
Operating Surplus Before Taxation 2 11,242 10,885
Taxation Expense 4 (2,449) (2,609)
Net Surplus After Taxation $8,793 $8,276
STATEMENT OF MOVEMENTS IN EQUITY - LINE BUSINESS
For the Year Ended 31 March 2006
2006 2005
$000's $000's
Opening Equity 155,253 151,072
Net Surplus for Period 8,793 8,276
Revaluation of Assets 7 1,905 -
Dividends (4,155) (4,095)
Closing Equity $161,796 $155,253
The accompanying Notes and Accounting Policies form part of these financial statements.
DISCLOSURE OF ENERGY EFFICIENCY PERFORMANCE MEASURES AND STATISTICS PURSUANT
TO SCHEDULE 1, PART 4 OF THE ELECTRICITY INFORMATION DISCLOSURE REQUIREMENTS 2004
1. Energy Delivery Efficiency 2006 2005 2004 2003 2002
Performance Measures
(a) Load Factor 76.20% 76.37% 77.87% 77.38% 74.85%
(b) Loss Ratio 3.12% 3.22% 3.54% 3.13% 4.50%
Loss Ratio Estimated *3.60% * 3.60% * 3.70% * 3.70% * 3.60%
(c) Capacity Utilisation 33.19% 32.23% 31.82% 32.35% 32.70%
* Estimated, based on distribution
system configuration
2. Statistics
(a) System length, broken down
by voltage:
- 33 kV 231.0 km 235.0 km 235.0 km 230.4 km 229.6 km
- 11 kV 3298.0 km 3,244.0 km 3,197.0 km 3,194.1 km 3,137.0 km
- 400V 2057.0 km 1,940.0 km 1,873.0 km 2,006.0 km 1,970.0 km
- Total 5586.0 km 5,419.0 km 5,305.0 km 5,430.5 km 5,336.6 km
(b) Circuit length of overhead lines,
broken down by voltage:
- 33 kV 215.0 km 219.0 km 219.0 km 213.0 km 213.0 km
- 11 kV 3149.0 km 3,125.0 km 3,093.0 km 3,097.0 km 3,050.0 km
- 400V 1582.0 km 1,562.0 km 1,557.0 km 1,733.0 km 1,716.0 km
- Total 4946.0 km 4,906.0 km 4,869.0 km 5,043.0 km 4,979.0 km
(c) Circuit length of underground
cables broken down by voltage:
- 33 kV 16.0 km 16.0 km 16.0 km 17.4 km 16.6 km
- 11 kV 149.0 km 119.0 km 104.0 km 97.1 km 87.0 km
- 400V 475.0 km 378.0 km 316.0 km 273.0 km 254.0 km
- Total 640.0 km 513.0 km 436.0 km 387.5 km 357.6 km
d) Transformer capacity 433235kVA 419,982 kVA 414,440 kVA 406,685 kVA 397,445 kVA
(e) Maximum demand 143,800kW 135,344 kW 131,880 kW 131,560 kW 129,978 kW
(f) Total electricity entering the
system - kWh 959,899,374 905,439,718 899,598,208 891,815,703 852,225,151
(g) Total electricity supplied from
the system for other retailers
- Meridian Energy 234,998,959 296,082,158 298,266,724 322,048,156 265,038,676
- Trust Power 125,036,672 111,027,589 118,620,725 136,055,824 155,862,292
- On Energy 0 0 0 2,359,302 181,022,296
- Genesis 117,444,845 108,385,534 94,838,915 262,402,357 182,238,158
- Energy Waikato 0 0 0 0 6,678,958
- Mighty River 347,980,217 310,011,324 305,675,711 113,104,961 15,016,205
- Empower 0 0 942,581 1,538,915 192,485
- Contact Energy 104,474,859 50,803,828 49,375,781 26,420,176 7,758,292
(h) Total Customers 50,753 49,820 48,852 47,785 46,712