β¨ Financial Performance Statement
NEW ZEALAND GAZETTE
No. 165
TRANSPOWER NEW ZEALAND LIMITED GROUP
CONSOLIDATED STATEMENT OF FINANCIAL PERFORMANCE
FOR THE YEAR ENDED 30 JUNE 1997
| Notes | 1997 | 1996 | |
|---|---|---|---|
| $000 | $000 | ||
| Operating revenue | 3 | 550,342 | 541,296 |
| Operating expenses | 4 | 323,926 | 291,334 |
| Surplus from operations | 226,416 | 249,962 | |
| Net finance costs | 6 | 107,055 | 106,820 |
| Operating surplus before tax | 119,361 | 143,142 | |
| Tax expense | 7 | 26,465 | 46,747 |
| Operating surplus after tax | 92,896 | 96,395 | |
| Share of post tax acquisition deficit of the Transpower Group associate | 9 | (115) | (498) |
| Net surplus attributable to shareholders | 92,781 | 95,897 |
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VUW Te Waharoa —
NZ Gazette 1997, No 165
NZLII —
NZ Gazette 1997, No 165
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