✨ Financial Statements




NEW ZEALAND GAZETTE

No. 101

HOROWHENUA ENERGY LIMITED (LINE BUSINESS) - Annual Report 1995

STATEMENT OF FINANCIAL PERFORMANCE

FOR THE YEAR ENDED 31 MARCH 1995

| | Note | 1995
| | | $000 | 1994
| | | $000 |
|--------------------------|------|------|------|
| SALES REVENUE | | 16,427 | 15,970 |
| NET PROFIT BEFORE TAXATION| | 90 | (358) |
| Reduction in value of Land| | (166)| 0 |
| NET LOSS AFTER TAXATION AND REDUCTION IN VALUE OF LAND| | (76) | 0 |
| Taxation expense | | 0 | 0 |
| NET PROFIT AFTER TAXATION| | (76) | 0 |
| Retained earnings at beginning of year| | (445)| 0 |
| TOTAL AVAILABLE FOR APPROPRIATION| | (521)| (358)|
| Provision for Dividend | | 2 | 87 |
| RETAINED EARNINGS AT END OF YEAR| | (551)| (445)|



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🏭 Audit Certification of Horowhenua Energy Limited Financial Statements (continued from previous page)

🏭 Trade, Customs & Industry
1 August 1995
Audit, Financial Statements, Electricity, Horowhenua Energy Limited