β¨ Financial Statements
NEW ZEALAND GAZETTE
No. 91
POWERCO LIMITED - ENERGY BUSINESS
1995 $
1 NET PROFIT AFTER TAXATION
80,107
After charging:
Depreciation ... 228
Enhanced exit payments
- Appliance sales and servicing ... 339,872
After crediting:
Interest received ... 203,720
Goodwill ... 200,000
2 TAXATION
Profit before taxation ... 113,422
Prima facie taxation @ 33% ... 37,429
Plus (Less) taxation effect of:
Permanent differences ... (4,114)
Taxation expense ... 33,315
The taxation charge is represented by:
Current taxation ... 33,315
Deferred taxation ... -
TOTAL TAXATION EXPENSE ... 33,315
IMPUTATION CREDIT ACCOUNT
Balance as at 1 April 1994 ... 26,405
Imputation credits attaching to dividends paid in the year ... (74,188)
Income tax payments during the year ... 47,783
IMPUTATION CREDITS AVAILABLE AS AT 31 MARCH 1995 ... Nil
3 DIVIDENDS
Dividends paid
5 cents per Founder share ... 64,976
2.5 cents per Cumulative Preference Share (Interim) ... 8,450
Total dividends paid ... 73,426
Proposed final dividend
15 cents per Ordinary share ... 177,523
7.5 cents per Cumulative Preference share ... 25,350
Total proposed dividend ... 202,873
TOTAL DIVIDENDS PAID ... 276,299
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VUW Te Waharoa —
NZ Gazette 1995, No 91
NZLII —
NZ Gazette 1995, No 91
β¨ LLM interpretation of page content
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Financial Statements for Powerco Limited
(continued from previous page)
π Trade, Customs & IndustryFinancial statements, Electricity, Net profit, Taxation, Dividends, Imputation credits