✨ Financial Statements
NEW ZEALAND GAZETTE
No. 86
HAWKE'S BAY POWER DISTRIBUTION LIMITED AND SUBSIDIARY
PROFIT & LOSS STATEMENT
FOR THE YEAR ENDED 31 MARCH 1995
| Notes | Lines Business $000 | Other Businesses $000 | |
|---|---|---|---|
| REVENUE | |||
| Energy Distribution | 13,750 | 36,603 | |
| Transmission | 12,395 | — | |
| Other | 3,977 | 5,552 | |
| Interest | 153 | 311 | |
| Total Revenue | 30,275 | 42,466 | |
| EXPENSES | |||
| Energy | — | 35,799 | |
| Transmission | 12,785 | — | |
| Operations | 14,717 | 5,755 | |
| Depreciation | 4,747 | 52 | |
| Total Expenses | 32,249 | 41,606 | |
| NET INCOME (LOSS) BEFORE INTEREST & TAX | (1,974) | 860 | |
| LESS: Interest Expense | (835) | — | |
| NET PROFIT (LOSS) BEFORE TAXATION | (2,809) | 860 | |
| Taxation Expense (Benefit) | 3 | (793) | 283 |
| NET PROFIT (LOSS) AFTER TAXATION | (2,016) | 577 | |
| Retained Earnings at beginning of period | (616) | 745 | |
| PLUS: Capital Gain on Sale of Assets | — | — | |
| RETAINED EARNINGS AT END OF PERIOD | (2,632) | 1,322 |
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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VUW Te Waharoa —
NZ Gazette 1995, No 86
NZLII — 🌐 NZ Gazette 1995, No 86
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Certification of Financial Statements for Hawkes Bay Power Distribution Limited
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Financial Statements, Certification, Electricity Regulations, Hawkes Bay Power