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Vector Limited (NS) — Earnings Release 2018
Oct 19, 2017
66298_rns_2017-10-19_3693090b-46eb-4a8d-bac4-284782d411cf.pdf
Earnings Release
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MARKET RELEASE 20 October 2017
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OPERATIONAL PERFORMANCE FOR THE 3 MONTHS ENDED 30 SEPTEMBER 2017
| 3 months | ended 30 | ||
|---|---|---|---|
| September | |||
| 2017 | 2016 | % change | |
| Electricity | |||
| Customers1,4 | 556,799 | 551,819 | 0.9% |
| New connections | 2,591 | 2,502 | 3.6% |
| Net movement in customers2 | 1,699 | 1,766 | (3.8%) |
| Volume distributed (GWh) | 2,346 | 2,332 | 0.6% |
| SAIDI (minutes) – 6 months to 30 September3 | |||
| Normal operations | 119.2 | 75.1 | 58.7% |
| Extreme events | 0.0 | 2.4 | n/a |
| Total | 119.2 | 77.5 | 53.8% |
| Gas Distribution | |||
| Distribution customers1, 4 | 107,542 | 105,200 | 2.2% |
| New distribution connections | 875 | 982 | (10.9%) |
| Net movement in distribution customers2 | 872 | 878 | (0.7%) |
| Distribution volume (PJ) | 4.4 | 4.3 | 2.3% |
| Gas Trading | |||
| Natural gas sales (PJ)5 | 4.8 | 4.8 | 0.0% |
| Gas liquid sales (tonnes)6 | 21,481 | 20,148 | 6.6% |
| 9kg LPG bottles swapped7 | 161,904 | 151,549 | 6.8% |
| Liquigas LPG tolling (tonnes)8 | 33,708 | 40,462 | (16.7%) |
| Technology | |||
| Electricity: smart meters1, 9 | 1,309,148 | 1,163,259 | 12.5% |
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As at 30 September.
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Net number of customers added during the period, includes disconnected, reconnected and decommissioned ICPs.
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SAIDI (minutes) for the 6 months ended 30 September 2017 is an unaudited value and subject to change.
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Billable ICPs.
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Excludes gas sold as gas liquids. These sales are included within the gas liquids sales tonnages.
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MEDIA RELEASE 20 October 2017
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Total of retail and wholesale LPG and natural gasoline.
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Number of 9kg LPG bottles swapped and sold during the year.
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Includes product tolled in Taranaki and further tolled in the South Island.
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The number of smart meters deployed as at 30 September 2017 includes 112,586 meters managed but not owned by Vector (30 September 2016: 65,956).
The Excel version can be found at: http://vector.co.nz/news
ENDS
About Vector
Vector is New Zealand’s leading multi-network infrastructure company which delivers energy and communication services to more than one million homes and businesses across the country.
Vector is listed on the New Zealand Stock Exchange with ticker symbol VCT. Our majority shareholder, with voting rights of 75.4%, is Entrust (formerly Auckland Energy Consumer Trust).
For further information, visit www.vector.co.nz
MEDIA QUERIES: Richard Llewellyn External Relations Mobile 027-523-2362
ANALYST QUERIES: Dan Molloy Chief Financial Officer 64-9-213-5179 Mobile 021-441-311
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