✨ Financial Statements
NEW ZEALAND GAZETTE
No. 126
BAY OF PLENTY ELECTRICITY LIMITED
Financial Statements for the purposes of Electricity (Information Disclosure) Regulations 1994
Business Unit Statements of Financial Performance
for the 12 Months ended 31 March 1997
| Network Business Unit | Generation Business Unit | Energy Trading Business Unit | ||||
|---|---|---|---|---|---|---|
| 1997 | 1996 | 1997 | 1996 | 1997 | 1996 | |
| Notes | $000 | $000 | $000 | $000 | $000 | $000 |
| Revenue | 3 | 21,351 | 20,004 | 17,975 | 12,451 | 26,754 |
| Operating Expenses Before Depreciation | 4 | (15,622) | (15,973) | (7,598) | (3,233) | (26,181) |
| Operating Surplus Before Depreciation | 5,729 | 4,031 | 10,377 | 9,218 | 573 | |
| Depreciation | (1,704) | (1,393) | (1,989) | (1,055) | (86) | |
| Net Operating Surplus | 4,025 | 2,638 | 8,388 | 8,163 | 487 | |
| Net Interest Expense | 5 | (500) | (489) | (966) | (105) | (67) |
| Net Surplus Before Abnormal Items | 3,525 | 2,149 | 7,422 | 8,058 | 420 | |
| Abnormal Items | 6 | - | (165) | - | - | - |
| Net Surplus(Deficit) Before Taxation | 3,525 | 1,984 | 7,422 | 8,058 | 420 | |
| Taxation Expense | 7 | (1,381) | (665) | (2,823) | (2,702) | (163) |
| Net Surplus(Deficit) after Taxation | 2,144 | 1,319 | 4,599 | 5,356 | 257 |
The accompanying notes form part of and are to read in conjunction with these financial statements
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VUW Te Waharoa —
NZ Gazette 1997, No 126
NZLII —
NZ Gazette 1997, No 126
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🏭 Financial Statements for Bay of Plenty Electricity Limited
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