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New Zealand Gazette – 1997 – No. 119

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✨ Financial Statements

NEW ZEALAND GAZETTE

No. 119

TOP ENERGY LIMITED

SPECIAL PURPOSE FINANCIAL STATEMENTS

STATEMENT OF FINANCIAL PERFORMANCE

FOR THE 12 MONTHS ENDED 31 MARCH 1997

	Notes	LINE BUSINESS $		ENERGY TRADING $
		1997	1996	1997	1996
Income	1	16,037,252	15,292,569	14,291,302	12,888,196
Less expenses, excluding finance costs	2	11,517,996	11,040,501	13,608,772	12,294,357
Profit before finance, abnormals and taxation		4,519,256	4,252,068	682,530	593,839
Less net finance costs	3	841,607	960,023	2,783	2,925
Profit before debt restructuring and taxation		3,677,649	3,292,045	679,747	590,914
Plus reassessed debt restructuring provision	18	604,739	321,115	2,000	978
Profit after debt restructuring and before taxation		4,282,388	3,613,160	681,747	591,892
Less taxation	4	790,271	769,401	125,810	126,040
Profit after taxation		3,492,117	2,843,759	555,937	465,852

This statement is to be read in conjunction with the accompanying notes, accounting policies and audit report.
The Financial Statements have been prepared solely for the purpose of complying with regulations 6(2) and 6(3) of the Electricity (Information Disclosure) Regulations 1994 and are not intended for any other purpose.

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VUW Te Waharoa — NZ Gazette 1997, No 119

NZLII — NZ Gazette 1997, No 119

The Executive Wing of Parliament (depicted) is universally known as The Beehive. It was completed in 1977 and remains the primary office for the elected Government of the day.

✨ LLM interpretation of page content

🏭 Certification of Financial Statements and Performance Measures (continued from previous page)

Domain🏭 Trade, Customs & Industry
Dated21 August 1997
KeywordsFinancial Statements, Performance Measures, Electricity Regulations, Top Energy Limited

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