New Zealand Gazette – 1995 – No. 139

Page 4528

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

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