β¨ Financial Statements
NEW ZEALAND GAZETTE
9 SEPTEMBER
2869
NORTHPOWER LIMITED
STATEMENT OF FINANCIAL PERFORMANCE - LINE BUSINESS
For the 12 Months Ended 31 March 1997
| 1997 | 1996 | |
|---|---|---|
| $ | $ | |
| Operating Revenue | 30,058,440 | 28,913,590 |
| Operating Surplus Before Taxation | 6,110,589 | 6,547,216 |
| Taxation Expense | (2,075,938) | (2,279,467) |
| Operating Surplus After Taxation | 4,034,651 | 4,267,749 |
STATEMENT OF MOVEMENTS IN EQUITY
For the 12 Months Ended 31 March 1997
| 1997 | 1996 | |
|---|---|---|
| $ | $ | |
| Equity at 1 April 1996 | 49,695,888 | 48,282,439 |
| Net Surplus for Period | 4,034,651 | 4,267,749 |
| Revaluation of Assets | 1,436,666 | - |
| Dividends | (3,423,000) | (2,854,300) |
| Equity at 31 March 1997 | 51,744,205 | 49,695,888 |
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VUW Te Waharoa —
NZ Gazette 1997, No 121
NZLII —
NZ Gazette 1997, No 121
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Certification of Financial Statements, Performance Measures and Statistics Disclosed by Northpower Ltd.
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π Trade, Customs & Industry13 August 1997
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