Vector Interim Report 2020

NOTES TO THE INTERIM FINANCIAL STATEMENTS

4. Segment information (continued)

REGULATED NETWORKS $M

INTER– SEGMENT $M

30 JUN 2019 12 MONTHS (AUDITED)

GAS TRADING $M

METERING $M

TOTAL $M

External revenue: Sales

676.8

284.1

186.9

– – –

1,147.8

Third party contributions

79.0

– – –

– –

79.0

Other

8.8 3.0

8.8

Intersegment revenue

1.5

(4.5) (4.5)

Segment revenue

767.6

284.1

188.4

1,235.6

External expenses: Electricity transmission expenses Gas purchases and production expenses Metering services cost of sales Network and asset maintenance

(209.6)

(209.6)

– –

(179.2)

– – – – –

(179.2)

(22.8)

(22.8) (86.7) (39.4) (81.9)

(60.6) (16.3) (35.1)

(17.1) (13.6) (38.4)

(9.0) (9.5) (8.4)

Employee benefit expenses

Other expenses

Intersegment expenses

(4.5)

4.5 4.5

Segment operating expenses

(321.6)

(252.8)

(49.7)

(619.6)

Segment EBITDA

446.0

31.3

138.7

– – – –

616.0

Depreciation and amortisation

(122.4)

(15.6)

(72.0)

(210.0)

Segment profit/(loss)

323.6 260.9

15.7 11.8

66.7

406.0 393.9

Segment capital expenditure

121.2

PROFIT/ (LOSS) BEFORE INCOME TAX $M

Reconciliation to revenue, profit/(loss) before income tax and capital expenditure reported in the financial statements: 30 JUN 2019 12 MONTHS (AUDITED)

CAPITAL EXPENDITURE $M

REVENUE $M

Reported in segment information

1,235.6

406.0

393.9

Amounts not allocated to segments: Revenue (including third party contributions)

83.0

83.0

– – – – – – – – –

Impairment

– – – – – – – – –

(46.6) (49.7) (88.0)

Employee benefit expenses Other operating expenses

Elimination of transactions with segments

3.8

Depreciation and amortisation

(36.8)

Interest costs (net)

(133.3)

Fair value change on financial instruments Associates (share of net profit/(loss))

(2.5)

0.6

Capital expenditure

31.2

Reported in the financial statements

1,318.6

136.5

425.1

27 ―

Made with FlippingBook Publishing Software