Tilt Annual Report 2021 V1

Page 86

Consolidated notes to the Financial Statements For year ended 31 March 2021

NOTE 6. REVENUE AND OTHER OPERATING EXPENSES 2021 $000

2020 $000

100,562

116,028

26,869

52,723

Other operating revenue

898

1,483

Total operating revenue

128,329

170,234

2021 $000

2020 $000

Electricity revenue

61,164

71,493

Large-scale generation certificates revenue

22,578

56,140

465

990

Operating revenue

84,207

128,623

Generation production costs

(13,274)

(18,362)

(9,770)

(8,612)

Other operating expenses

(13,329)

(8,404)

Operating expenses

(36,373)

(35,378)

EBITDAF

47,834

93,245

2021 $000

2020 $000

43,689

41,118

Operating revenue - contracted Operating revenue - uncontracted

Australia

Other operating revenue

Employee benefits

New Zealand Electricity revenue Other operating revenue

433

493

Operating revenue

44,122

41,611

Generation production costs

(9,790)

(12,617)

Employee benefits

(3,138)

(1,961)

Other operating expenses

(4,170)

(2,752)

Operating expenses

(17,098)

(17,330)

EBITDAF

27,024

24,281

As at 31 March 2021, Tilt Renewables operates 170MW (2020: 266MW) of wind generation assets throughout Australia as well as 329MW (2020: 196MW) of wind generation assets in New Zealand. Tilt Renewables has assets under construction totalling 336MW (2020: 336MW) in Australia.

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