New Zealand Gazette – 1996 – No. 105

Page 2701

✨ Financial Statements

4 SEPTEMBER NEW ZEALAND GAZETTE 2701
Horowhenua Energy Limited Line and Energy Businesses - Annual Report 1996 Page 2

STATEMENTS OF FINANCIAL PERFORMANCE
FOR THE YEAR ENDED 31 MARCH 1996

Note	LINE	ENERGY
1996 $000	1995 $000	1996 $000
SALES REVENUE	$18,024	$16,427
NET PROFIT BEFORE TAXATION	100	90
Taxation	0	0
Reduction in value of land	0	(166)
NET PROFIT AFTER TAXATION AND REDUCTION IN VALUE OF LAND	100	(76)
Retained earnings at beginning of year	(551)	(445)
TOTAL AVAILABLE FOR APPROPRIATION	(451)	(521)
Provision for Dividends	(93)	(30)
RETAINED EARNINGS AT END OF YEAR	(544)	(551)

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VUW Te Waharoa — NZ Gazette 1996, No 105

NZLII — NZ Gazette 1996, No 105

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✨ LLM interpretation of page content

💰 Auditor's Certification of Financial Statements (continued from previous page)

Domain💰 Finance & Revenue
Dated26 August 1996
KeywordsFinancial statements, audit, certification, Horowhenua Energy Limited

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