✨ Financial Statements




NEW ZEALAND GAZETTE

No. 133

STATEMENT OF FINANCIAL PERFORMANCE

FOR THE PERIOD ENDING 31 MARCH 1997

Note Network Energy Company & Other Network Energy Company Network Energy & Other Network Energy Company
1997 1997 1997 1996 1996 1996
$000 $000 $000 $000 $000 $000

| | Revenue |
| 8 | 4,756 | 6,749 | 11,505 | 4,475 | 6,799 | 11,274 |

| | Expenditure |
| | 4,294 | 7,516 | 11,810 | 4,255 | 6,556 | 10,811 |

| | Operating Surplus/(Deficit) |
| | 462 | (767) | (305) | 220 | 243 | 463 |

| 9 | Other Income |
| | 3 | 34 | 37 | 44 | 44 | 88 |

| | Net Operating Surplus/(Deficit) |
| | 465 | (733) | (268) | 264 | 287 | 551 |

| | Surplus/(Deficit) on Sale of Assets |
| | - | (67) | (67) | (6) | (8) | (14) |

| | TOTAL NET SURPLUS/(DEFICIT) |
| | 465 | (800) | (335) | 258 | 279 | 537 |

| 10 | Taxation |
| | 68 | | 68 | 20 | 113 | 133 |

| | NET SURPLUS/DEFICIT AFTER TAX |
| | 533 | (800) | (267) | 238 | 166 | 404 |

The accompanying Statement of Accounting Policies and Notes form part of and are to be read in conjunction with these Financial Statements. The Financial Statements have been prepared solely for the purpose of complying with Regulations 6 (2) of the Electricity (Information Disclosure) Regulations 1994 and are not intended for any other purpose.



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