β¨ Financial Statements
19 SEPTEMBER NEW ZEALAND GAZETTE 3141
WAIPA POWER LIMITED - LINE BUSINESS
STATEMENT OF FINANCIAL PERFORMANCE
FOR THE YEAR ENDED 31 MARCH 1997
| Note | 1997 $ | 1996 $ |
|---|---|---|
| REVENUE | 9,969,992 | 10,120,926 |
| NET SURPLUS BEFORE TAX | 2 | 2,021,946 | 2,186,221 |
| LESS TAXATION EXPENSE | 3 | 647,305 | 500,651 |
| NET SURPLUS AFTER TAX | | 1,374,641 | 1,685,570 |
STATEMENT OF MOVEMENTS IN EQUITY
FOR THE YEAR ENDED 31 MARCH 1997
| 1997 $ | 1996 $ | |
|---|---|---|
| EQUITY AS AT 1 APRIL 1996 | 49,768,417 | 16,506,498 |
| NET SURPLUS FOR YEAR | 1,374,641 | 1,685,570 |
| REVALUATION OF ASSETS | - | 32,827,736 |
| TOTAL RECOGNISED REVENUE AND EXPENSES FOR THE YEAR | 1,374,641 | 34,513,306 |
| PROVISION FOR DIVIDEND | 899,803 | 1,251,387 |
| DISTRIBUTION TO OWNERS FOR INVESTING ACTIVITIES | 6,197,523 | - |
| EQUITY AS AT 31 MARCH 1997 | 44,045,732 | 49,768,417 |
The accompanying notes form part of and are to be read in conjunction with these financial statements. The financial statements have been prepared for the purpose of complying with the requirements of the Electricity (Information Disclosure) Regulations 1994 and are not intended for any other purpose.
Next Page →
PDF embedding disabled (Crown copyright)
View this page online at:
VUW Te Waharoa —
NZ Gazette 1997, No 134
NZLII —
NZ Gazette 1997, No 134
β¨ LLM interpretation of page content
π
Certification of Financial Statements for Waipa Power Limited
(continued from previous page)
π Trade, Customs & Industry25 July 1997
Financial Statements, Performance Measures, Electricity, Waipa Power Limited