New Zealand Gazette – 1997 – No. 120

Page 2842

✨ Financial Performance Statement



POWERCO LIMITED
STATEMENT OF FINANCIAL PERFORMANCE
FOR THE YEAR ENDED 31 MARCH 1997

Notes 31 March 1997 31 March 1996
Line $000 Energy $000 Other $000 Total $000 Line $000 Energy $000 Other $000 Total $000
------- ----------- ----------- ----------- ----------- ----------- ----------- ----------- -----------
OPERATING REVENUE 12 54,085 49,321 24,046 127,452 48,921 49,156 24,201
OPERATING SURPLUS BEFORE TAXATION 13 22,055 2,378 1,686 26,119 12,879 670 2,936
Taxation expense 14 6,908 756 529 8,193 4,011 209 1,243
OPERATING SURPLUS AFTER TAXATION 15,147 1,622 1,157 17,926 8,868 461 1,693
Share of retained surplus (losses) in associate companies after tax 16 - 37 - 37 - 24 13
OPERATING SURPLUS ATTRIBUTABLE TO THE SHAREHOLDERS $15,147 $1,659 $1,157 $17,963 $8,868 $485 $1,706

The accompanying notes form part of these financial statements.



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✨ LLM interpretation of page content

🏭 Powerco Limited Statement of Financial Performance (continued from previous page)

🏭 Trade, Customs & Industry
18 April 1997
Financial Performance, Powerco Limited, Revenue, Taxation, Operating Surplus