✨ Financial Statements




26 NOVEMBER

NEW ZEALAND GAZETTE 3895

TRANSPOWER NEW ZEALAND LIMITED GROUP

CONSOLIDATED STATEMENT OF MOVEMENTS IN EQUITY

FOR THE YEAR ENDED 30 JUNE 1997

Notes 1997 $000 1996 $000
Equity at the beginning of the year 1,329,797 1,275,276
Net surplus attributable to shareholders 92,781 95,897
Annual revaluation of fixed assets 14 (12,372) 21,282
Distribution to owners during the year 15 (64,946) (62,658)
Equity at the end of the year 1,345,260 1,329,797


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