β¨ Financial Statements
2358 NEW ZEALAND GAZETTE No. 90
WAITOMO ENERGY SERVICES LIMITED
Line Business Activity
Statement of Financial Performance
For Year Ending 31st March 1996
Note $
000
Income 8,749
Transmission costs (2,466)
Line losses ( 644)
5,639
System costs 1,623
Insurance 72
Indirect costs 866
Interest 181
Depreciation 876
3,618
Net Profit before Tax & Discount 2,021
Taxation expense 2 634
Net Profit After Tax 1,387
Customer Discount 3 795
Net Profit after Tax and Discount 592
Retained Earnings at Beginning of Year 944
Total Retained Earnings 1,536
Line Business Activity
Statement of Financial Position
As At 31st March 1996
Note $
000
CORPORATE FUNDS
Share Capital 8,000
Retained Earnings 1,536
Revaluation Reserve ( 49)
9,487
Fixed Assets 4 11,775
Investments 850
Current Assets
Cash 1,291
Receivables and Prepayments 445
Inventory 1,736
Total Assets Employed 14,361
Term Liabilities
Loans 5 3,000
Deferred Tax 6 528
3,528
Current Liabilities
Account Payable 395
General Provisions 248
Customer Discount Provision 703
1,346
Total Liabilities 4,874
Net Assets Employed 9,487
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VUW Te Waharoa —
NZ Gazette 1996, No 90
NZLII —
NZ Gazette 1996, No 90
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Information Disclosure by Waitomo Energy Services Limited
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π Trade, Customs & IndustryElectricity, Financial Statements, Profit, Liabilities, Assets