✨ Financial Statements




NEW ZEALAND GAZETTE

No. 91

Wairarapa Electricity Limited and Subsidiary Companies

Consolidated Statements of Financial Performance

for the year ended 31 March 1997

Line Business 1997 000's Energy and Other Business 1997 000's Line Business 1996 000's Energy and Other Business 1996 000's
Total Income 17,085 14,817 13,417 17,380
Operating Surplus Before Taxation 6,148 (4) 151 3,550 (2,080)
Less Provision for Taxation 1,524 (6) (2) 796 279
Operating Surplus After Taxation 4,624 153 2,754 (2,359)

Wairarapa Electricity Limited and Subsidiary Companies

Consolidated Statements of Movements in Equity

for the year ended 31 March 1997

Line Business 1997 000's Energy and Other Business 1997 000's Line Business 1996 000's Energy and Other Business 1996 000's
Opening Total Shareholders' Funds 32,403 2,814 29,649 5,173
add: Operating Surplus After Taxation 4,624 153 2,754 (2,359)
less: Dividend 1,441 264 - -
add: Movement in Asset Revaluation Reserve 27,932 - - -
Closing Total Shareholders' Funds 63,518 2,703 32,403 2,814


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