Chorus (ASX:CNU, NZE:CNU) said its fibre-regulated asset base (RAB) remained steady at NZ$5.9 billion in the 2024 disclosure year, according to a Friday filing with the Australian and New Zealand bourses.
Growth in the core RAB to NZ$4.9 billion was offset by a decline in its financial loss asset to just under NZ$1 billion, the filing said.
The company also nearly reached its maximum allowable revenue of NZ$809 million for the year, the filing added.
A NZ$153.5 million wash-up balance will be carried into the current year, pending a review by the Commerce Commission, the company said.
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