New Zealand Gazette – 1996 – No. 178

Page 4664

✨ Financial Performance Statement



4664 NEW ZEALAND GAZETTE No. 178

THE POWER COMPANY LIMITED
LINE & ENERGY BUSINESS
STATEMENT OF FINANCIAL PERFORMANCE
FOR YEAR ENDED 31 MARCH 1996

1995 1996
Line Business Energy Business
25,769,748 Income 21,338,597 2,541,836
10,469,367 Cost of Sales 11,752,410 -

15,300,381 Gross Profit 9,586,187 2,541,836

132,625 Overheads and Expenses
767,129 Gore Borough Subsidy 146,693 -
547,363 Administration 755,854 290,370
147,145 Personnel 605,459 252,283
449,048 Occupancy 103,216 -
3,442,651 Contracting Division Overheads 524,464 93,101
738,957 Corporate Division Overheads 704,457 -
2,596,827 Network Division Overheads 843,450 -

  •      Severance/Redundancy Costs          -           -
  • Project Developments 146,545 98,312
    Other Costs 1,528,493 -

    8,821,745 5,358,631 734,066

6,478,636 Earnings Before Interest, 4,227,556 1,807,770
2,517,181 Depreciation and Tax 2,194,837 108,847

  •      Depreciation Expense              771,418       78,997

    3,961,455 Net Profit Before Tax 1,261,301 1,619,926
    1,308,110 Taxation 418,028 536,885

    $2,653,345 Net Profit After Tax $843,273 $1,083,041

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✨ LLM interpretation of page content

💰 Financial Performance Statement for The Power Company Limited

💰 Finance & Revenue
Financial Performance, Income, Cost of Sales, Gross Profit, Overheads, Expenses, Depreciation, Taxation, Net Profit