✨ Financial Statements




10 SEPTEMBER

NEW ZEALAND GAZETTE

2895

WESTPOWER LIMITED

STATEMENTS OF FINANCIAL PERFORMANCE FOR THE YEAR ENDED 31 MARCH 1996

Note LINES BUSINESS GENERATION BUSINESS OTHER BUSINESSES
1996 1995 1996
$'000 $'000 $'000

Total Revenue
| | 10,285 | 9,544 | 5,695 | 4,444 | 11,932 | 11,825 |

Less Special Discount
| | 451 | 0 | 0 | 0 | 290 | 0 |

| | 9,834 | 9,544 | 5,695 | 4,444 | 11,642 | 11,825 |

Less Expenses:

Maintenance and Operations
| | 5,959 | 5,637 | 1,156 | 628 | 11,007 | 11,144 |

Administration and General Expenses
| | 2,312 | 2,269 | 2,901 | 1,928 | 789 | 801 |

Total Expenses
| | 8,271 | 7,906 | 4,057 | 2,556 | 11,796 | 11,945 |

Operating Surplus Before Income Tax
| | 1,563 | 1,638 | 1,638 | 1,888 | (154) | (120) |

Income Tax
| | 247 | 138 | 209 | 283 | (22) | (121) |

Operating Surplus after Income Tax
| | 1,316 | 1,500 | 1,429 | 1,605 | (132) | (241) |

The accompanying notes form part of and are to be read in conjunction with these financial statements.



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πŸ’° Financial Statements for Westpower Limited (continued from previous page)

πŸ’° Finance & Revenue
Financial Statements, Westpower Limited, Revenue, Expenses, Income Tax