New Zealand Gazette – 1995 – No. 89

Page 2569

✨ Financial Statement



30 AUGUST NEW ZEALAND GAZETTE 2569

Electro Power Limited

Electricity Retailing Business

Statement of Financial Performance

for the Year Ended 31 March 1995

Note 1995
$'000
Operating revenues 1 11,983
Operating expenses 2 11,607
OPERATING PROFIT BEFORE INTEREST, TAXATION AND SUBVENTION PAYMENTS 376
Subvention payments 66
NET PROFIT BEFORE TAXATION 310
Taxation expense 3 89
NET PROFIT AFTER TAXATION 221
Retained earnings at beginning of year -
Total available for appropriation 221
Dividends paid and proposed 161
RETAINED EARNINGS AT END OF PERIOD 60

The Statement of Accounting policies and the accompanying notes on pages 13 to 18 form part of and are to be read in conjunction with these financial statements.



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✨ LLM interpretation of page content

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

🏭 Trade, Customs & Industry
Electricity, Financial Statements, Information Disclosure, Line Business, Accounting Policies