New Zealand Gazette – 1995 – No. 89

Page 2565

✨ Financial Statements



30 AUGUST NEW ZEALAND GAZETTE 2565

Electro Power Limited

Line Business

Notes To And Forming Part Of The Financial Statements
For The Year Ended 31 March 1995

1 OPERATING REVENUES
Electricity revenue 11,522
Other revenue 1,027
12,549

2 OPERATING EXPENSES
Depreciation 1,310
Directors' fees 71
Audit fees 6
Other expenditure 9,020
10,407

3 TAXATION
Profit before taxation 1,420
Prima facie taxation at 33% 469
Tax effect of timing differences 60
Taxation as per Statement of Financial Performance 409
Represented by:
Current taxation 409

4 SHARE CAPITAL
Authorised, issued and paid up capital
12,345,000 ordinary shares of $1 each 12,345

5 SHORT TERM DEPOSITS
On call and short term deposits not exceeding 30 days:
Westpac Banking Corporation Limited 100
Trust Bank New Zealand Limited 500
National Bank of New Zealand Limited 500
1,100

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🏭 Financial Statement Disclosure for Electro Power Limited (continued from previous page)

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