β¨ Financial Performance Statement
NEW ZEALAND GAZETTE
No. 100
CITIPOWER LIMITED
Electricity Retailing Statement of Financial Performance as at 31 March 1995
Energy Business
| Notes | 31-Mar-95 $
('000) |
|-------|-------------------|
Operating Income
Sales of Electricity
6,316
Cost of Electricity Sales
Purchase of Electricity
5,436
Gross Profit on Electricity Trading
880
Other Income (Net)
Miscellaneous Income
12 (28)
Interest Income
26
Total Other Income
(2)
Less Expenses
Operating expenses
631
Interest
68
Depreciation
5
21
Audit fees
9
Nelson City Council lease Payments
0
Directors fees
10
Loss on sale of fixed assets
6
Nelson City Council Participation Fee
0
Total Expenses
745
NET PROFIT BEFORE TAXATION
133
Taxation
11
2
NET PROFIT AFTER TAXATION
131
Opening Retained Earnings 1 April 1994
(5)
Closing Retained Earnings
126
The accompanying notes form part of these financial statements.
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VUW Te Waharoa —
NZ Gazette 1995, No 100
NZLII —
NZ Gazette 1995, No 100
β¨ LLM interpretation of page content
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Electricity Retailing Statement of Financial Performance
(continued from previous page)
π Trade, Customs & IndustryFinancial Performance, Electricity, Citipower Limited, Revenue, Expenses, Profit