BC Hydro Annual Report 2001

More documents

Recommendations

Info

It was a year of strong growth for Westech, BC Hydro’s high-tech subsidiary company. Sixty new consultants increased employee W E S T E C H I N F O R M A T I O N S Y S T E M S I N C . numbers to 350. The additional expertise, and a significant new technology training program, enabled the company to focus on maintaining support for the many BC Hydro information technology (IT) initiatives, as well as expanding its external client base. This year Westech had the distinction of being ranked in the top 30 technology companies in British Columbia. The company expects to be a major participant in British Columbia’s drive to establish a vibrant and growing high-tech industry. N E W P R O D U C T S T O M A N A G E O U T A G E S Westech continued to play a major role in BC Hydro’s Enterprise Geospatial Information Systems (EGIS) initiative. Working closely with GESmallworld, they completed implementation of GESmallworld’s PowerOn product at BC Hydro. PowerOn is an outage management tool, representing the operational state of BC Hydro’s electric distribution network and facilitating power restoration. Also, as part of the EGIS initiative, Westech developed the Power Grid application suite for BC Hydro to help manage transmission corridors and adjacent properties. D E V E L O P I N G E - B U S I N E S S E X P E R T I S E This year Westech completed a variety of Internet and Intranet projects for BC Hydro and external clients. Projects included a business-to-business site for Checkpoint Auto, enhancement of M A K I N G F I N A N C I A L S Y S T E M S P A Y After successfully implementing a new pay system at BC Hydro using the PeopleSoft Enterprise Resource Planning product, S U B S I D I A R I E S | 3 2 GESmallworld will be marketing it worldwide as their Transmission Grid Manager product. Westech further partnered with GESmallworld to prepare a major new release of its Design Manager product, using expertise from developing and implementing the Distribution Analysis and Design System for BC Hydro. Westech’s experience with the suite of GESmallworld products will be used to expand its business with utilities throughout North America. the Ministry of Forests’ Forest Asset Management system, and enhancement and support for sales of the BC Gas Emergency Manager system. Westech is now supporting BC Hydro’s PeopleSoft-based financial systems replacement.
F I N A N C I A L S > 35 MANAGEMENT DISCUSSION & ANALYSIS 47 CONSOLIDATED FINANCIAL STATEMENTS 48 MANAGEMENT REPORT 49 AUDITORS’ REPORT 50 OPERATIONS 50 RETAINED EARNINGS 51 BALANCE SHEET 52 CASH FLOWS 53 SIGNIFICANT ACCOUNTING POLICIES 57 NOTES TO CONSOLIDATED FINANCIAL STATEMENTS 68 FINANCIAL STATISTICS 69 OPERATING STATISTICS 70 TOTAL REQUIREMENTS FOR ELECTRICITY AND SOURCES OF SUPPLY 71 PERFORMANCE REPORT
Page 1 and 2: B C H Y D R O A N N U A L R E P O R
Page 3 and 4: F I N A N C I A L H I G H L I G H T
Page 5 and 6: M I N I S T E R ' S M E S S A G E G
Page 7 and 8: G R E E N E N E R G Y F O R T H E F
Page 9 and 10: R E T A I N I N G A N D A T T R A C
Page 11 and 12: O F W H A T W E H A V E > > S M A R
Page 13 and 14: E X P L O R I N G T H E G R E A T O
Page 15 and 16: L O O K I N G B E Y O N D B.C. BC H
Page 17 and 18: A W E A L T H O F W O O D W A S T E
Page 19 and 20: I T G E T S A R O U N D > To be a t
Page 21 and 22: S H A R I N G O U R W I R E S BC Hy
Page 23 and 24: PHOTO: YELLOW CEDAR DOORS BY ARTIST
Page 25 and 26: O F C O N S E R V A T I O N > P O W
Page 27 and 28: L E A D I N G T H E W A Y M O R E E
Page 29 and 30: C O M M U N I T Y G I V I N G > We
Page 31 and 32: T E A C H I N G C H I L D R E N I T
Page 33 and 34: B R A Z I L B C H Y D R O I N T E R
Page 35: P O W E R T E C H L A B S I N C . >
Page 40 and 41: M A N A G E M E N T D I S C U S S I
Page 42 and 43: 25 000 20 000 15 000 10 000 5000 60
Page 44 and 45: • AN INCREASE IN THE VOLUME OF EN
Page 46 and 47: 450 400 350 300 250 200 150 100 50
Page 48 and 49: C U S T O M E R P R O F I T S H A R
Page 50 and 51: 2 0 0 2 F U T U R E O U T L O O K F
Page 52 and 53: M A N A G E M E N T R E P O R T The
Page 54 and 55: C O N S O L I D A T E D S T A T E M
Page 56 and 57: C O N S O L I D A T E D S T A T E M
Page 58 and 59: N O T E S T O C O N S O L I D A T E
Page 72 and 73: F I N A N C I A L S T A T I S T I C
Page 74 and 75: TOTAL REQUIREMENTS FOR ELECTRICITY
Page 76 and 77: Performance measurement is an integ
Page 78 and 79: S T A T E M E N T O F C O R P O R A
Page 80 and 81: C O M M I T T E E S O F T H E B O A
Page 82 and 83: S U B S I D I A R I E S W E S T E C
Page 84: w w w . b c h y d r o . c o m B C H

BC Hydro Annual Report 2001

Create successful ePaper yourself

Delete template?

Save as template?