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Operational Performance for the 3 months ended 30 Sept 2018

Operational Update18 October 2018VCTUtilities

OPERATIONAL PERFORMANCE FOR THE
3 MONTHS ENDED 30 SEPTEMBER 2018


3 Months ended 30

September



2018 2017 % change

Electricity

Customers

1, 4

564,991 556,799 1.5%

New connections

Net movement in customers

2


2,635

1,915

2,591

1,699

1.7%

12.7%

Volume distributed (GWh)


2,368 2,346 0.9%

SAIDI (minutes) – 6 months to 30 September

3


Normal operations 101.1 119.2 (15.2%)

Extreme events 357.7 0.0 N/A

Total 458.8 119.2 284.9%


Gas Distribution

Customers

1,4

109,789 107,542 2.1%

New connections

Net movement in customers

2


800

560

875

872

(8.6%)

(35.8%)

Distribution volume (PJ)


4.4 4.4 0.0%


Gas Trading

Natural gas sales (PJ)

5

4.1 4.8 (14.6%)

Gas liquid sales (tonnes)

6

23,638 21,481 10.0%

9kg LPG bottles swapped

7


Liquigas LPG tolling (tonnes)

8


163,279

46,000

161,904

46,735

9


0.8%

(1.6%)


Technology

Electricity: smart meters

1, 10

1,440,345 1,309,148 10.0%


1. As at 30 September.

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

decommissioned ICPs.

3. SAIDI (minutes) for the 6 months ended 30 September 2018 is an unaudited value and subject to

change.

4. Billable ICPs.

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

MARKET RELEASE

19 October 2018



MEDIA RELEASE

19 October 2018


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

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

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

9. The Liquigas volume reported in the Q1 Operating Stats released 20 October 2017 incorrectly

excluded product tolled in Taranaki and further tolled in the South Island. This error, which was

corrected in the Q2 Operating Stats released 23 January 2018, also impacts the prior period

comparable figure for Liquigas for the 3 months to 30 September 2017. This figure has now been

updated to 46,735 tonnes (the number previously reported was 33,708 tonnes).

10. The number of smart meters as at 30 September 2018 includes 137,229 meters managed but not

owned by Vector (30 September 2017: 112,586).

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 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.


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.