✨ Financial Statements




POWERCO LIMITED
Statement of Financial Performance
for the year ended 31 March 1996

| Notes | Line | 31 March 1996 | | | Line | 31 March 1995 | |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| | | Energy
$000 | Other
$000 | Total
$000 | | Energy
$000 | Other
$000 | Total
$000 |

OPERATING REVENUE | 13 | 48,921 | 47,278 | 26,799 | 122,998 | | 50,972 | 53,575 | 19,158 | 123,705 |

OPERATING SURPLUS BEFORE TAXATION | 14 | 11,567 | (1,149) | 6,067 | 16,485 | | 11,786 | 654 | 3,516 | 15,956 |

Taxation expense | 15 | 3,603 | (358) | 2,218 | 5,463 | | 3,731 | 212 | 1,143 | 5,086 |

Underprovision of previous years taxation | | | | | | 258 | 18 | 123 | 399 |

OPERATING SURPLUS AFTER TAXATION | | 7,964 | (791) | 3,849 | 11,022 | | 7,797 | 424 | 2,250 | 10,471 |

Share of retained surplus (losses) in
associate companies after tax | 19 | | 24 | 13 | 37 | | | | |

OPERATING SURPLUS ATTRIBUTABLE
TO THE SHAREHOLDERS
| | $7,964 | ($767) | $3,862 | $11,059 | | $7,797 | $424 | $2,250 | $10,471 |

NEW ZEALAND GAZETTE
No. 104



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🏭 Powerco Limited Information Disclosure (continued from previous page)

🏭 Trade, Customs & Industry
22 August 1996
Electricity, Information Disclosure, Financial Statements, Certification, Deloitte Touche Tohmatsu