New Zealand Gazette – 1996 – No. 153

Page 4054

✨ Financial Performance Statement

NEW ZEALAND GAZETTE

No. 153

NELSON ELECTRICITY LIMITED

Line Business Statement of Financial Performance for the 12 months ended 31 March 1996

| Notes | 1996
| $000's | 1995
| $000's |
|-------------|--------|--------|
| INCOME | | |
| Interest received | 117 | 37 |
| Lease revenue and participation fee | 1,988 | 1,792 |
| | 2,105 | 1,829 |

| EXPENSES | | |
| Administration services | 36 | 35 |
| Financial | 167 | 158 |
| Depreciation | 423 | 418 |
| | 626 | 611 |

SURPLUS BEFORE TAXATION | 1,479 | 1,218 |

| Provision for taxation | 487 | 420 |

SURPLUS AFTER TAXATION | 992 | 798 |

| Retained earnings at beginning of year | 655 | 263 |

| Total available for appropriation | 1,647 | 1,061 |

| Dividends paid | 400 | 406 |

| | 1,247 | 655 |

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VUW Te Waharoa — NZ Gazette 1996, No 153

NZLII — NZ Gazette 1996, No 153

The Executive Wing of Parliament (depicted) is universally known as The Beehive. It was completed in 1977 and remains the primary office for the elected Government of the day.

✨ LLM interpretation of page content

🏭 Line Business Statement of Financial Performance for Nelson Electricity Limited

Domain🏭 Trade, Customs & Industry
KeywordsFinancial Performance, Nelson Electricity Limited, Income, Expenses, Taxation, Dividends

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