Financial Statements




21 OCTOBER NEW ZEALAND GAZETTE 4035

ALPINE ENERGY LIMITED
FINANCIAL STATEMENTS PREPARED IN ACCORDANCE WITH THE ELECTRICITY (INFORMATION DISCLOSURE) REGULATIONS 1994

STATEMENT OF FINANCIAL PERFORMANCE
FOR THE YEAR ENDED 31 MARCH 1996

Notes Lines $’000 Other $’000
OPERATING REVENUE 2 10,245
LESS
Operating Costs 3,982
Audit Fees 40
Directors’ Fees 113
Depreciation 2,021
Goodwill 141
6,297
NET PROFIT BEFORE TAXATION 3 3,948
Provision for Taxation ( 1,027 )
NET PROFIT AFTER TAXATION 2,921
RETAINED EARNINGS BROUGHT FORWARD 653
Interim Dividend ( 651 )
Proposed Final Dividend ( 1,394 )
Total Dividends ( 2,045 )
Retained Earnings Carried Forward 1,529

The accompanying notes form part of these financial statements.

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