✨ Financial Statements
NEW ZEALAND GAZETTE
9 AUGUST
2209
Wairarapa Electricity Limited and Subsidiary Companies
Notes to the Financial Statements
- Operating Surplus before Taxation continued...
The following non recurring items are included in the consolidated operating surplus before taxation.
Non - recurring Revenue Items
Gain on disposal of building ... 253
Non - recurring Expense Items
Generation - Land value adjustment ... 1,386
Generation - Capitalised interest & fees ... 1,336
Restructuring expenses - June 1995 ... 380
- Discontinued Operations
In July of 1995, Wairarapa Electricity Limited ceased operations in the retail sales and servicing of electrical appliances.
The operating revenue and operating deficit of the discontinued operations comprise the following. Retail and servicing form part of Energy and Other Business activity.
Operating revenue
Retail ... 627
Servicing ... 115
Operating deficit before taxation
Retail ... (192)
Servicing ... (291)
- Segmental Reporting
The group operates predominantly in one geographical segment - the Wairarapa Region.
- Capital Commitments
As at 31 March 1996, there was $2.375m of capital expenditure contracted for but not provided for in the financial statements. These commitments relate to the Hau Nui Windfarm project.
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VUW Te Waharoa —
NZ Gazette 1996, No 83
NZLII —
NZ Gazette 1996, No 83
✨ LLM interpretation of page content
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Wairarapa Electricity Limited Financial Statements
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🏭 Trade, Customs & IndustryFinancial Statements, Electricity, Wairarapa, Accounting Policies, Maintenance, Income Tax, Financial Instruments, Construction Contracts, Business Unit Allocations, Non-recurring Revenue, Non-recurring Expenses, Discontinued Operations, Segmental Reporting, Capital Commitments