β¨ Financial Statements
2 SEPTEMBER NEW ZEALAND GAZETTE 2669
Other Business Activities
Notes to and Forming Part of the Financial Statements
For the Year Ended 31 March 1997
-
Operating Surplus Before Taxation
Net Surplus Before Taxation 568 576After Charging
Depreciation 297 262 -
Reserves
Company Establishment Reserve
Balance at 31 March 1,599 1,599The Company Establishment Reserve represents the difference between the issued and paid up capital and the net assets vested in the Company from the former North Canterbury Electric Power Board at 1 May 1993.
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Retained Earnings
Opening Balance 87 757
Operating Surplus 368 207
Dividend to Lines Business (391) (877)
Total Retained Earnings 64 87 -
Long Term Liabilities
Provision for Gratuities 525 490
Total Long Term Liabilities 525 490 -
Fixed Assets
Assets B.V. 31.03.97 ($000) Assets B.V. 31.03.96 ($000) Motor Vehicles 782 683 Plant & Equipment 432 452 Furniture & Fittings 16 19 Total 1,230 1,154
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VUW Te Waharoa —
NZ Gazette 1997, No 114
NZLII —
NZ Gazette 1997, No 114
β¨ LLM interpretation of page content
π
Other Business Activities Statement of Financial Position
(continued from previous page)
π Trade, Customs & IndustryFinancial Statements, Operating Surplus, Reserves, Retained Earnings, Liabilities, Fixed Assets