✨ Financial Statements Notes




2856 NEW ZEALAND GAZETTE No. 120

Notes to and Forming Part of the Financial Statements

For the Year Ended 31 March 1997

15 AUDITORS REMUNERATION

1997 $000 1996 $000
Amounts paid or payable to the auditors for:
Auditing financial statements 80 98
Other services 46 -
Total $126 $98

16 ASSOCIATE COMPANIES

1997 $000 1996 $000
Share of operating surplus of associate companies before taxation 55 87
Taxation 18 50
Share of retained profits of associate companies $37 $37

17 DIVIDENDS

1997 $000 1996 $000
Interim distributions:
-Dividends paid on ordinary shares 6,774 7,268

| Proposed distributions: |
| -Proposed dividend on ordinary shares | 7,819 | 9,643 |
| Total | $14,593 | $16,911 |



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✨ LLM interpretation of page content

🏭 Powerco Limited Financial Statements (continued from previous page)

🏭 Trade, Customs & Industry
31 March 1997
Auditors Remuneration, Associate Companies, Dividends, Operating Surplus, Taxation, Retained Profits