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Operational performance for 6 months ended 31 December 2017

Operational Update22 January 2018VCTUtilities

OPERATIONAL PERFORMANCE FOR THE 6
MONTHS ENDED 31 DECEMBER 2017


6 months ended 31

December



2017 2016 % change

Electricity

Customers

1, 5

559,777 552,948 1.2%

New connections

Net movement in customers

2


6,090

4,677

4,583

2,890

32.9%

61.8%

Volume distributed (GWh)


4,352 4,340 0.3%

SAIDI (minutes) – 9 months to 31 December

3


Normal operations 168.0 121.0 38.8%

Extreme events 0.0 2.4 n/a

Total 168.0 123.4

4

36.1%


Gas Distribution

Distribution customers

1, 5

108,270 105,918 2.2%

New distribution connections

Net movement in distribution customers

2


1,656

1,600

1,907

1,596

(13.2%)

0.3%

Distribution volume (PJ)


7.7 7.6 1.3%


Gas Trading

Natural gas sales (PJ)

6

9.6 9.3 3.2%

Gas liquid sales (tonnes)

7

40,752 38,557 5.7%

9kg LPG bottles swapped

8


Liquigas LPG tolling (tonnes)

9


351,962

89,147

319,685

77,688

10.1%

14.8%


Technology

Electricity: smart meters

1, 10

1,333,208 1,203,482 10.8%


1. As at 31 December.

2. Net number of customers added during the period, includes disconnected, reconnected and

decommissioned ICPs.

3. SAIDI (minutes) for the 9 months ended 31 December 2017 is an unaudited value and subject to

change.

4. Audited value

5. Billable ICPs.

MARKET RELEASE

23 January 2018



MEDIA RELEASE

23 January 2018


6. Excludes gas sold as gas liquids. These sales are included within the gas liquids sales tonnages.

7. Total of retail and wholesale LPG and natural gasoline.

8. Number of 9kg LPG bottles swapped and sold during the year.

9. Includes product tolled in Taranaki and further tolled in the South Island.

10. The number of smart meters deployed as at 31 December 2017 includes 118,961 meters managed

but not owned by Vector (31 December 2016: 78,037).

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 75.1%, is Entrust (formerly Auckland Energy Consumer Trust).


For further information, visit www.vector.co.nz




Contact

MEDIA QUERIES:

Richard Llewellyn

External Relations

Mobile 027-523-2362

ANALYST QUERIES:

Dan Molloy

Chief Financial Officer

Mobile 021-441-311

Data sourced from publicly available filings. Our datasets may not be complete. Automated analysis can produce errors. If you believe any data on this page is incorrect, please contact us at hello@nzxplorer.co.nz. For informational purposes only. Not investment advice.