β¨ Financial Performance Statement
1 SEPTEMBER NEW ZEALAND GAZETTE 2623
CENTRAL ELECTRIC LIMITED
GENERATION BUSINESS UNIT
Statement of Financial Performance for the Year ended 31 March 1997
| 31.03.97 $ | 31.03.96 $ | |
|---|---|---|
| Gross Income | ||
| less Discount | 3,833,384 | 4,329,896 |
| 492 | 457 | |
| Net Income | 3,832,892 | 4,329,439 |
Less Expenditure:
| | | |
| Operating Costs | 963,452 | 813,568 |
| Overheads | 1,166,798 | 1,367,697 |
| | 2,130,250 | 2,181,265 |
| Earnings before Depreciation, Interest and Taxation | 1,702,642 | 2,148,174 |
Less:
| Depreciation | 271,766 | 268,074 |
| Interest | 217,203 | 218,397 |
| | 488,969 | 486,471 |
| Net Profit before Tax | 1,213,673 | 1,661,703 |
| Less Taxation | 363,412 | 336,869 |
| Net Profit after Tax | 850,261 | 1,324,834 |
| Less Dividend | 17,689 | 23,821 |
| Transferred to Retained Earnings | $832,572 | $1,301,013 |
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VUW Te Waharoa —
NZ Gazette 1997, No 111
NZLII —
NZ Gazette 1997, No 111
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Central Electric Limited Generation Business Statement of Financial Performance
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π Trade, Customs & IndustryFinancial Performance, Revenue, Expenditure, Depreciation, Taxation, Dividends, Retained Earnings