✨ Financial Performance Statement




3416 NEW ZEALAND GAZETTE No. 108

BULLER ELECTRICITY LIMITED

STATEMENT OF FINANCIAL PERFORMANCE

FOR THE YEAR ENDED MARCH 31 1995

Line Operator 1995 $ Note Energy Trading 1995 $

Operating Revenues

Sales of Electricity | 2,652,897 | | 4,061,885 |
Other Income | 159,239 | | 1,448,214 |
| 2,812,136 | | 5,510,099 |

Operating Expenses

Cost of Electricity | 714,646 | | 3,687,122 |
Depreciation | 369,661 | | 31,369 |
Other Expenses | 1,360,384 | | 1,959,270 |
| 2,444,691 | | 5,677,761 |

Profit (Loss) Before Taxation | 367,445 | | (167,662) |

Tax Expense (Benefit) | 129,501 | (5) | (18,079) |

Profit (Loss) After Taxation | 237,944 | | (149,583) |

Deduct

Share of Retained Losses of Associates | β€” | | 1,541 |
Interim Dividend | 18,375 | | 3,500 |

Profit (Loss) Transferred to Retained Earnings | 219,569 | | (154,624) |

Retained Earnings Opening Balance | 94,639 | | 105,705 |

Retained Earnings at March 31 | 314,208 | | (48,919) |



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🏭 Certification of Financial Statements and Performance Measures for Buller Electricity Limited (continued from previous page)

🏭 Trade, Customs & Industry
26 July 1995
Financial Statements, Performance Measures, Electricity, Buller Electricity Limited, Certification, Accounting Policies