New Zealand Gazette – 1995 – No. 78

Page 2143

✨ Financial Statements



11 AUGUST NEW ZEALAND GAZETTE 2143

TAUPO ELECTRICITY LIMITED

Profit and Loss and Retained Earnings Account
For The Year Ended 31 March 1995

Note Line Business 1995 ($) Other Businesses 1995 ($)
Total Revenue 9,578,553 15,563,825
Net Profit (Loss) Before Tax 1,085,377 2,188,336
Less Taxation
Current Tax Expense 374,590 573,425
Net Profit (Loss) After Tax 710,787 1,614,911
Plus Retained Earnings at Beginning of Year 2,660,648 (604,517)
Total Available for Distribution 3,371,435 1,010,394
Less Dividends
Dividends Paid 117,447 82,553
Dividends Proposed 565,503 397,497
682,950 480,050
Less Transfer to Capital Reserves
Capital Gain on Sale 10,490 23,000
Retained Earnings at End of Year 2,677,995 507,344

The accompanying Statement of Accounting Policies and Notes form part of and are to be read in conjunction with these Financial Statements. The Financial Statements have been prepared solely for the purpose of complying with regulations 6(2) and 6(3) of the Electricity (Information Disclosure) Regulations 1994 and are not intended for any other purpose.



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✨ LLM interpretation of page content

🏭 Profit and Loss and Retained Earnings Account for Taupo Electricity Limited (continued from previous page)

🏭 Trade, Customs & Industry
Financial Statements, Profit and Loss, Retained Earnings, Taupo Electricity Limited