New Zealand Gazette – 1997 – No. 110

Page 2580

✨ Electricity Information Disclosure

NEW ZEALAND GAZETTE

No. 110

SOUTHPOWER LIMITED

The following public disclosures are made by Southpower Limited ("Southpower") in accordance with the Electricity (Information Disclosure) Regulations 1994 (the "Regulations").

The disclosures cover the period from 1 April 1996 to 31 March 1997 and provide comparatives for the 1996 year and the 1995 year if required by the Regulations. Where necessary, comparatives have been revised to be disclosed on a basis consistent with the current year.

Regulation 6 - Financial Statement disclosure by line owners

STATEMENT OF FINANCIAL PERFORMANCE

Years ending 31 March	1997 Line Business $000's	1996 Line Business $000's	1997 Electricity Related Businesses $000's	1996 Electricity Related Businesses $000's
Notes

Operating revenues

| | 125,269 | 118,142 | 167,539 | 166,224 |

Operating surplus before taxation

| | 1 | 32,560 | 27,342 | 3,223 | 2,157 |

Taxation expense and subvention payment

| | 8,353 | 8,016 | 1,318 | 576 |

Operating surplus after taxation

| | 24,207 | 19,326 | 1,905 | 1,581 |

Share of retained surpluses less losses of subsidiary companies

| | - | - | (505) | - |

Share of retained surpluses less losses of associate companies

| | - | - | 1 | 1 |

Net surplus attributable to parent company shareholders

| | 24,207 | 19,326 | 1,401 | 1,582 |

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VUW Te Waharoa — NZ Gazette 1997, No 110

NZLII — NZ Gazette 1997, No 110

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✨ LLM interpretation of page content

🏭 Southpower Limited Information Disclosure under Electricity Regulations (continued from previous page)

Domain🏭 Trade, Customs & Industry
KeywordsElectricity, Information Disclosure, Regulations, Financial Statements, Southpower Limited

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