New Zealand Gazette – 1997 – No. 176

Page 4176

✨ Financial Statement

4176 NEW ZEALAND GAZETTE No. 176

NELSON ELECTRICITY LIMITED

Statement of Financial Performance for the 12 months ended 31 March 1997

Notes	1997 Line Business $000	1997 Other Business $000	1996 Line Business $000	1996 Other Business $000
INCOME
Interest received	205	0	117	0
Lease revenue and participation fee	1,770	163	1,970	18
	1,975	163	2,087	18
EXPENSES
Administration services	50	0	36	0
Financial	158	0	167	0
Depreciation	427	0	423	0
	635	0	626	0
SURPLUS BEFORE TAXATION	1,340	163	1,461	18
Provision for taxation	2	463	54	481
SURPLUS AFTER TAXATION	877	109	980	12
Retained earnings at beginning of year	1,235	12	655	0
Total available for appropriation	2,112	121	1,635	12
Dividends paid	860	0	400	0
	1,252	121	1,235	12

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VUW Te Waharoa — NZ Gazette 1997, No 176

NZLII — NZ Gazette 1997, No 176

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✨ LLM interpretation of page content

🏭 Financial Performance Statement for Nelson Electricity Limited (continued from previous page)

Domain🏭 Trade, Customs & Industry
KeywordsFinancial Statement, Nelson Electricity Limited, Revenue, Expenses, Taxation

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