New Zealand Gazette – 1997 – No. 100

Page 2356

✨ Financial Statements

2356 NEW ZEALAND GAZETTE No. 100

TRUSTPOWER LIMITED AND SUBSIDIARIES

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 1997

	LINE BUSINESS $'000	ENERGY BUSINESS $'000	GENERATION BUSINESS $'000
NOTE 2 : TOTAL REVENUE FROM CONTINUING ACTIVITIES
Sales	66,571	64,842	14,715
Interest Received	25	6	1,366
	66,596	64,848	16,081

NOTE 3 : OPERATING SURPLUS BEFORE INCOME TAX

The Operating Surplus Before Tax Is Stated After Charging/(Crediting):

	LINE BUSINESS $'000	ENERGY BUSINESS $'000	GENERATION BUSINESS $'000
Amortisation Of Goodwill	478	57	420
Audit Fees And Expenses	38	20	7
Fees Paid For Other Auditor Services	51	26	8
Bad Debts Written Off	104	100	-
Change In Provision For Doubtful Debts	(44)	(43)	-
Depreciation	7,314	395	1,733
Directors Fees	122	62	21
Interest Paid On Loans	3,719	29	3,153
Interest Paid On Convertible Notes	1,945	15	1,648
Rental And Operating Lease Costs	468	87	2
Non-Recurring Items:
Restructuring	198	-	-
Loss/ (Profit) On Sale Of Fixed Assets	138	152	123

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VUW Te Waharoa — NZ Gazette 1997, No 100

NZLII — NZ Gazette 1997, No 100

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

🏭 TrustPower Limited Financial Position Statements (continued from previous page)

Domain🏭 Trade, Customs & Industry
Dated1 August 1997
KeywordsFinancial Statements, Accounting Policies, Investments, Revenue Recognition, Income Tax, Receivables, Inventories, Work in Progress, Foreign Currencies, Financial Instruments, Interest Rate Risk, Electricity Price Risk, Credit Risk, Collateral, Concentration of Credit Risk

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