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B. Revenue collection
Group
Parent
2012
2011
2012
2011
Note
$’000
$’000
$’000
$’000
Income
External
487
538
487
538
Internal
648
648
648
648
1,135
1,186
1,135
1,186
Expenditure
Administration costs
1,189
1,031
1,189
1,031
Bad debts and impairment of accounts receivable
-
99
-
99
Depreciation and amortisation
73
84
73
84
Total expenditure
1,262
1,214
1,262
1,214
Earnings before interest and tax
(127)
(28)
(127)
(28)
Customers were billed directly for network charges from 1 October 2005. This profit centre was created to
carry out the billing and revenue collection function for the network.
The internal income is charged to the network segment and is based on what was being paid by the network to
energy retailers to carry out its revenue collection function.
C. Meters and relays
Group
Parent
2012
2011
2012
2011
Note
$’000
$’000
$’000
$’000
Income
2,986
2,538
542
868
Expenditure
Administration costs
351
362
218
229
Bad debts and impairment of accounts receivable
-
-
-
-
Depreciation and amortisation
1,816
1,099
481
262
Total expenditure
2,167
1,461
699
491
Earnings before interest and tax
819
1,077
(157)
377
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19