β¨ Financial Statements
1 SEPTEMBER NEW ZEALAND GAZETTE 2705
POWERCO LIMITED - LINE BUSINESS
STATEMENT OF FINANCIAL PERFORMANCE
for the year ended 31 March 1995
| NOTE | 1995 $ |
|---|---|
| REVENUE | |
| Electricity revenue | 19,792,664 |
| Other income | 2,560,183 |
| TOTAL REVENUE | 22,352,847 |
| EXPENSES | |
| Electricity business and other costs | 17,993,599 |
| TOTAL EXPENSES | 17,993,599 |
| NET PROFIT BEFORE TAXATION | 4,359,248 |
| Taxation | 2 |
| NET PROFIT AFTER TAXATION | 1 |
| Reserves and retained earnings at beginning of year | 23,823,458 |
| Dividends paid and proposed | (1,358,609) |
| RESERVES AND RETAINED EARNINGS AT END OF YEAR | 25,543,658 |
The accompanying accounting policies and notes form an integral part of the financial statements.
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VUW Te Waharoa —
NZ Gazette 1995, No 91
NZLII —
NZ Gazette 1995, No 91
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Financial Statements for Powerco Limited
(continued from previous page)
π Trade, Customs & Industry11 August 1995
Financial statements, Electricity, Information Disclosure Regulations, Powerco Limited, Certification