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New Zealand Gazette – 1995 – No. 91

Page 2749

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✨ Financial Statements

NEW ZEALAND GAZETTE

1 SEPTEMBER

2749

TOP ENERGY LIMITED

FINANCIAL STATEMENTS

STATEMENT OF FINANCIAL PERFORMANCE

FOR THE 12 MONTHS ENDED 31 MARCH 1995

	Notes	Lines Business	Energy Trading
Income	1	15,947,287	13,308,122
Less expenses, excluding finance costs		13,526,371	12,925,681
Profit before finance, abnormals and taxation	2	2,420,916	382,441
Less net finance costs	3	1,456,895
Profit before debt restructuring and taxation		964,021	382,441
Plus reassessed debt restructuring provision	21	1,272,827
Profit after debt restructuring and before taxation		2,236,848	382,441
Less taxation	4	(19,285)	126,205
Profit after taxation		2,256,133	256,236
Less dividends	5	17,960	2,040
Retained earnings for the period		2,238,173	254,196
Less transfer to capital contributions reserve	Policy 3	386,420
Unappropriated profits for the period		1,851,753	254,196
Unappropriated profits brought forward		3,030,478	344,181
Unappropriated profits carried forward		4,882,231	598,377

This statement is to be read in conjunction with the notes and accounting policies on pages 4 to 19 and the audit report on page 24. 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 91

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💰 Certification of Financial Statements, Performance Measures and Statistics (continued from previous page)

Domain💰 Finance & Revenue
Dated25 August 1995
KeywordsFinancial Statements, Performance Measures, Statistics, Energy Delivery, Electricity Disclosure

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