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New Zealand Gazette – 1995 – No. 139

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✨ Financial Performance Statement

4528 No. 139

NEW ZEALAND GAZETTE

TRANS POWER NEW ZEALAND LIMITED GROUP

CONSOLIDATED STATEMENT OF FINANCIAL PERFORMANCE

FOR THE YEAR ENDED 30 JUNE 1995

	Notes	1995	1994	1994
		12 months	15 months	12 months
		$000	$000	$000
Revenue	3	523,603	642,980	515,196
Operating expenses	4	292,269	361,111	295,418
Earnings from operations		231,334	281,869	219,778
Net finance costs	6	121,305	128,903	100,993
Earnings before tax		110,029	152,966	118,785
Tax expense	7	25,506	23,166	16,768
Earnings after tax		84,523	129,800	102,017

Retained earnings at the beginning of the year | | 0 | 0 | 10,469 |
Earnings after tax | | 84,523 | 129,800 | 102,017 |
Retained earnings available for appropriation | | 84,523 | 129,800 | 112,486 |
Transfer of revaluation increment/(decrement) from the Asset revaluation reserve in respect of assets disposed of during the year | 15 | (3,058) | 0 | 0 |
Transfer to Capital redemption reserve | 15 | 0 | (8) | (8) |
Dividends paid or payable | 8 | (50,714) | (129,792) | (112,478) |
Retained earnings at the end of the year | | 30,751 | 0 | 0 |

The notes on pages 6 to 30 form an integral part of these financial statements.

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VUW Te Waharoa — NZ Gazette 1995, No 139

NZLII — NZ Gazette 1995, No 139

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🏗️ Consolidated Financial Performance Statement for Trans Power New Zealand Limited (continued from previous page)

Domain🏗️ Infrastructure & Public Works
KeywordsFinancial Performance, Revenue, Operating Expenses, Earnings, Tax, Dividends, Trans Power New Zealand Limited

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