New Zealand Gazette – 1996 – No. 113

Page 2886

✨ Financial Statement

2886 NEW ZEALAND GAZETTE No. 113

CENTRAL ELECTRIC LIMITED

GENERATION BUSINESS UNIT

Statement of Financial Performance for the Year ended 31 March 1996

	31.03.96	31.03.95
	$	$
Gross Income	4,329,896	4,142,896
less Discount	457	403
Net Income	4,329,439	4,142,493

Less Expenditure:

| Operating Costs | 813,568 | 942,655 |
| Overheads | 1,367,697 | 1,208,310 |
| | 2,181,265 | 2,150,965 |

| Earnings before Depreciation, | |
| Interest and Taxation | 2,148,174 | 1,991,528 |

Less:

| Depreciation | 268,074 | 282,834 |
| Interest | 218,397 | 341,711 |
| | 486,471 | 624,545 |

| Net Profit before Tax | 1,661,703 | 1,366,983 |

| Less Taxation | 336,869 | 426,285 |

| Net Profit after Tax | 1,324,834 | 940,698 |

| Less Dividend | 23,821 | 16,978 |

| Transferred to Retained Earnings | $1,301,013 | $923,720 |

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VUW Te Waharoa — NZ Gazette 1996, No 113

NZLII — NZ Gazette 1996, No 113

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🏢 Central Electric Limited Generation Business Unit Financial Performance (continued from previous page)

Domain🏢 State Enterprises & Insurance
KeywordsFinancial Statements, Income, Expenditure, Depreciation, Taxation, Net Profit, Retained Earnings, Central Electric Limited, Generation Business Unit

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