New Zealand Gazette – 1997 – No. 101

Page 2376

✨ Financial Performance Statement

2376 NEW ZEALAND GAZETTE No. 101

WESTPOWER LIMITED

STATEMENT OF FINANCIAL PERFORMANCE FOR THE YEAR ENDED 31 MARCH 1997

Note	LINES BUSINESS	GENERATION BUSINESS	OTHER BUSINESSES
	1997	1996	1997
	$ '000	$ '000	$ '000

Total Revenue | 11,414 | 10,285 | 5,229 | 5,695 | 12,494 | 11,932 |
Less Special Discount | 571 | 451 | 0 | 0 | 429 | 290 |
| 10,843 | 9,834 | 5,229 | 5,695 | 12,065 | 11,642 |

Less Expenses:

Maintenance and Operations | 7,195 | 5,959 | 971 | 1,156 | 10,986 | 11,007 |
Administration and General Expenses | 2,566 | 2,312 | 2,615 | 2,901 | 855 | 789 |

Total Expenses | 9,761 | 8,271 | 3,586 | 4,057 | 11,841 | 11,796 |

Net Surplus Before Income Tax | 1,082 | 1,563 | 1,643 | 1,638 | 224 | (154) |
Income Tax | 1 | (182) | 247 | 3 | 209 | (22) |

Net Surplus after Income Tax | 1,264 | 1,316 | 1,640 | 1,429 | 162 | (132) |

The accompanying notes form part of and are to be read in conjunction with these financial statements.

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VUW Te Waharoa — NZ Gazette 1997, No 101

NZLII — NZ Gazette 1997, No 101

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✨ LLM interpretation of page content

🏭 Certification of Financial Statements by Westpower Limited (continued from previous page)

Domain🏭 Trade, Customs & Industry
KeywordsFinancial Statements, Accounting Policies, Electricity, Westpower Limited

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