New Zealand Gazette – 1995 – No. 101

Page 3206

✨ Financial Statement

3206
NEW ZEALAND GAZETTE
No. 101

ENERGYDIRECT ELECTRICITY BUSINESS

CONSOLIDATED PROFIT AND LOSS STATEMENT
FOR THE YEAR ENDED 31 MARCH 1995

Notes	Consolidated Electricity $000	Lines $000	Energy $000
SALES
Electricity	108,790	50,011	58,779
Other	9,971	7	9,964
	118,761	50,018	68,743
NET PROFIT BEFORE TAXATION	2	11,339	10,212
Taxation expense	3	(3,860)	(3,476)
NET PROFIT AFTER TAXATION		7,479	6,736
Share of associated company profit after tax	7	132	-
NET PROFIT FOR THE YEAR	2	7,611	6,736
Retained earnings at beginning of year		626	554
Internal Dividend to EnergyDirect Corporate		(5,305)	(4,983)
RETAINED EARNINGS AT END OF YEAR		2,932	2,307

The accompanying notes form part of these financial statements.

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VUW Te Waharoa — NZ Gazette 1995, No 101

NZLII — NZ Gazette 1995, No 101

The Executive Wing of Parliament (depicted) is universally known as The Beehive. It was completed in 1977 and remains the primary office for the elected Government of the day.

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🏭 EnergyDirect Electricity Business Consolidated Profit and Loss Statement (continued from previous page)

Domain🏭 Trade, Customs & Industry
KeywordsEnergyDirect, Electricity Business, Financial Statement, Profit and Loss

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