✨ Financial Performance Statement




KING COUNTRY ENERGY LIMITED

STATEMENT OF FINANCIAL PERFORMANCE PREPARED IN ACCORDANCE WITH

THE ELECTRICITY INFORMATION DISCLOSURE REGULATIONS 1994

FOR THE YEAR ENDED 31 MARCH 1997

Note Lines Business 1996/1997 Energy Business 1996/1997 Lines Business 1995/1996 Energy Business 1995/1996 Lines Business 1994/1995 Energy Business 1994/1995
Revenue 2 7,692,262 12,175,230 7,527,534 11,734,892 6,784,464 12,782,216
Expenses 3 6,563,298 12,226,956 6,755,598 11,491,535 6,774,145 11,566,708
Operating Surplus 1,128,964 (51,726) 771,936 243,357 10,319 1,215,508
Less Write Off Development Costs - (848,084) - (27,999) - -
Surplus before Income Tax 1,128,964 (899,810) 771,936 215,358 - -
Income Tax (381,807) 22,605 (257,583) (71,068) (11,896) (414,354)
Operating Surplus / (Deficit) After Income Tax 747,157 (877,205) 514,353 144,290 (1,577) 801,154

The Accompanying notes form an integral part of these Financial Statements.

NEW ZEALAND GAZETTE

26 AUGUST

2447



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✨ LLM interpretation of page content

🏭 Statement of Financial Performance by King Country Energy Limited (continued from previous page)

🏭 Trade, Customs & Industry
28 July 1997
Electricity, Financial Performance, Revenue, Expenses, Operating Surplus, Income Tax