β¨ Electricity Financial Statements
NEW ZEALAND GAZETTE
30 SEPTEMBER
3235
TOP ENERGY LIMITED
SPECIAL PURPOSE FINANCIAL STATEMENTS
STATEMENT OF FINANCIAL PERFORMANCE
FOR THE 12 MONTHS ENDED 31 MARCH 1996
| Notes | LINE BUSINESS $ | ENERGY TRADING $ | |
|---|---|---|---|
| Income | 1 | 15,292,569 | 12,888,196 |
| Less expenses, excluding finance costs | 2 | 11,040,501 | 12,294,357 |
| Profit before finance, abnormals and taxation | 4,252,068 | 593,839 | |
| Less net finance costs | 3 | 960,023 | 2,925 |
| Profit before debt restructuring and taxation | 3,292,045 | 590,914 | |
| Plus reassessed debt restructuring provision | 19 | 321,115 | 978 |
| Profit after debt restructuring and before taxation | 3,613,160 | 591,892 | |
| Less taxation | 4 | 769,401 | 126,040 |
| Profit after taxation | 2,843,759 | 465,852 |
This statement is to be read in conjunction with the notes and accounting policies on pages 5 to 20 and the audit reports on pages 23 - 25. 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 1996, No 133
NZLII —
NZ Gazette 1996, No 133
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