Full Version - Essential Energy

More documents

Recommendations

Info

Notes to the Financial Statements for the year ended 30 June 2005 NOTE 13. INTANGIBLE ASSETS Consolidated Corporation 2005 2004 2005 2004 $’000 $’000 $’000 $’000 Franchise Setup Fees 76 76 76 76 Accumulated amortisation (38) (30) (38) (30) Alliance 16 16 16 16 Accumulated amortisation (16) (16) (16) (16) Net Setup and Alliance 38 46 38 46 Goodwill 4,701 4,701 51 51 Accumulated amortisation (1,523) (1,058) (51) (51) Net Goodwill 3,178 3,643 - - 82 Natural Gas Distributor and Retail licences at Directors’ Valuation 24,740 24,740 10,552 10,552 Accumulated amortisation (4,949) (2,474) (2,111) (1,055) Net Natural Gas Distributor and Retail licences 19,791 22,266 8,441 9,497 Total Intangible Assets 23,007 25,955 8,479 9,543 NOTE 14. DEPOSITS Consolidated Corporation 2005 2004 2005 2004 $’000 $’000 $’000 $’000 Current Electricity Customers 12,747 14,475 12,747 14,475 Contractors and Others 1,054 1,067 1,054 1,067 Total Current Deposits 13,801 15,542 13,801 15,542 Deposits are paid by customers and contactors as security against the entity’s assets or debts held by those customers. These are liabilities that may be repayable after balance date. NOTE 15. PAYABLES Consolidated Corporation 2005 2004 2005 2004 $’000 $’000 $’000 $’000 Current Trade creditors - unsecured 14,678 13,164 14,678 13,125 Other creditors - unsecured 43,671 45,801 43,636 45,745 Accrued interest expense 40,757 42,961 40,757 42,961 Accrued energy and transmission purchases 138,099 102,027 138,099 102,027 Accrued trade creditors 14,910 29,583 14,910 29,583 Accrued inventory purchases 1,404 1,874 1,404 1,874 Other accrued expenses 1,559 2,366 1,464 2,294 Subsidiary creditors - unsecured - - 7,845 7,262 Total Current Payables 255,078 237,776 262,793 244,871 COUNTRY ENERGY ANNUAL REPORT 2004–2005
Notes to the Financial Statements for the year ended 30 June 2005 NOTE 16. INTEREST BEARING LIABILITIES Consolidated Corporation 2005 2004 2005 2004 $’000 $’000 $’000 $’000 Current Bank Overdraft 4,608 9,371 4,619 9,371 Loans 534,599 433,286 534,599 433,286 Total Current Interest Bearing Liabilities 539,207 442,657 539,218 442,657 Non-current Loans 1,199,710 1,081,785 1,199,710 1,081,785 Total Non-Current Interest Bearing Liabilities 1,199,710 1,081,785 1,199,710 1,081,785 Due to be repaid: Not later than one year 539,207 442,656 539,218 442,656 Later than one year but not later than two years 198,782 281,899 198,782 281,899 Later than two years but not later than five years 466,486 452,841 466,486 452,841 Later than five years 534,442 347,046 534,442 347,046 83 Total Interest Bearing Liabilities 1,738,917 1,524,442 1,738,928 1,524,442 All loans are guaranteed by the NSW Government. COUNTRY ENERGY ANNUAL REPORT 2004–2005
Page 1 and 2:
Becoming Australia’s leading util
Page 3 and 4:
Priorities in 2004-2005 Country Ene
Page 5 and 6:
A leader in safety 5 COUNTRY ENERGY
Page 7 and 8:
Detailed audit schedules have been
Page 9 and 10:
Workers compensation In addition to
Page 11 and 12:
A successful national retailer 11 C
Page 13 and 14:
Looking inside We recognise that ou
Page 15 and 16:
This resulted in the campuses reduc
Page 17 and 18:
The best network manager 17 COUNTRY
Page 19 and 20:
The table below highlights some exa
Page 21 and 22:
• Large snowfalls in the Snowy Mo
Page 23 and 24:
Vegetation management The managemen
Page 25 and 26:
Information services In addition to
Page 27 and 28:
A responsible environmental manager
Page 29 and 30:
One of the most rewarding aspects o
Page 31 and 32: Our increasing involvement in proje
Page 33 and 34: Waste management A code of practice
Page 35 and 36: A valued part of the community 35 C
Page 37 and 38: Increased presence Our program of r
Page 39 and 40: Nu 1000 0 2002-2003 2003-2004 2004-
Page 41 and 42: Sponsorship spend $82,424 $125,000
Page 43 and 44: An employer of choice 43 COUNTRY EN
Page 45 and 46: Apprentices by region / operational
Page 47 and 48: Employees also initiated a fundrais
Page 49 and 50: Employee assistance program Country
Page 51 and 52: Our Executive Craig Murray - Managi
Page 53 and 54: Director Current appointment Board
Page 55 and 56: Risk management Country Energy appr
Page 57 and 58: Executive remuneration At the end o
Page 59 and 60: Consultants A total of $1.3 million
Page 61 and 62: • Electricity Industry Act 2000 N
Page 63 and 64: Financial statements contents Indep
Page 65 and 66: Statement by Members of the Board 6
Page 67 and 68: Statement of Financial Position as
Page 69 and 70: Notes to the Financial Statements f
Page 81: Notes to the Financial Statements f
Page 97 and 98: Customer information The following
Page 99 and 100: Index A Achievements inside cover A
show all

Full Version - Essential Energy

You also want an ePaper? Increase the reach of your titles

Delete template?

Save as template?