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Ann: QUARTER: VCT: Operational performance for nine months ended 31 March 2016

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    • Release Date: 21/04/16 08:39
    • Summary: QUARTER: VCT: Operational performance for nine months ended 31 March 2016
    • Price Sensitive: No
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    					VCT                                                                           
    21/04/2016 08:39                                                              
    QUARTER                                                                       
    PRICE SENSITIVE                                                               
    REL: 0839 HRS Vector Limited                                                  
                                                                                  
    QUARTER: VCT: Operational performance for nine months ended 31 March 2016     
                                                                                  
    Operational performance for nine months ended 31 March 2016                   
                                                                                  
     Nine months ended 31 March                                                   
    % change                                                                      
     2016 2015                                                                    
                                                                                  
    Electricity                                                                   
                                                                                  
    Customers1, 2, 6  548,279 542,826  1.0%                                       
    New connections                                                               
    Net movement in customers3  5,855                                             
    3,766 5,626                                                                   
    3,672 4.1%                                                                    
    2.6%                                                                          
    Volume distributed (GWh)  6,273 6,266 0.1%                                    
    SAIDI (minutes) - 12 months to 31 March4                                      
      Normal operations  117.6 155.3  (24.3%)                                     
      Extreme events 7.9 341.0 (97.7%)                                            
      Total    125.55 496.2 (74.7%)                                               
                                                                                  
    Gas Transportation7                                                           
                                                                                  
    Distribution customers1, 6  165,838 162,252   2.2%                            
    New distribution connections                                                  
    Net movement in distribution customers3  2,993                                
    2,373 2,905                                                                   
    2,514 3.0%                                                                    
    (5.6%)                                                                        
    Distribution volume (PJ)  17.4 16.8 3.6%                                      
    Transmission volume (PJ)8  77.0 84.3 (8.7%)                                   
                                                                                  
    Gas Trading                                                                   
                                                                                  
    Natural gas sales (PJ)9  12.6 16.0    (21.3%)                                 
    Gas liquid sales (tonnes)10 56,835 52,095  9.1%                               
    9kg LPG bottles swapped11                                                     
    Liquigas LPG tolling (tonnes)12 427,723                                       
    130,912 380,210                                                               
    141,278 12.5%                                                                 
     (7.3%)                                                                       
                                                                                  
    Technology                                                                    
                                                                                  
    Electricity: smart meters1, 13 1,086,508 913,566  18.9%                       
                                                                                  
    1. As at 31 March.                                                            
    2. The electricity customer number as at 31 March 2015 has been restated to   
    remove 4,799 ICPs following a data cleanse by retailers.  There was no        
    consumption for any of these ICPs in the current period.                      
    3. Net number of customers added during the period, includes disconnected,    
    reconnected and decommissioned ICPs.                                          
    4. Regulatory year - 12 months to 31 March.                                   
    5. SAIDI (minutes) for the 12 months ended 31 March 2016 is an unaudited      
    value and subject to change.                                                  
    6. Billable ICPs.                                                             
    7. The group's gas transmission and non-Auckland gas distribution business    
    (Vector Gas) were sold to First Gas on April 20, 2016. This will be the last  
    operating statistics release that includes statistics from the Vector Gas     
    businesses.                                                                   
    8. Based on billable volumes.                                                 
    9. Excludes gas sold as gas liquids as these sales are included within the    
    gas liquids sales tonnages.                                                   
    10. Total of retail and wholesale LPG and natural gasoline.                   
    11. Number of 9kg LPG bottles swapped and sold during the nine month period.  
    12. Includes product tolled in Taranaki and further tolled in the South       
    Island.                                                                       
    13. The number of smart meters deployed as at 31 March 2016 includes 45,080   
    meters managed but not owned by Vector.  The number of smart meters disclosed 
    as deployed at 31 March 2015 has been restated to include 1,605 meters        
    managed but not owned by Vector.                                              
                                                                                  
    The Excel version can be found at: http://vector.co.nz/news                   
    End CA:00281148 For:VCT    Type:QUARTER    Time:2016-04-21 08:39:03           				
 
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