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New Zealand Gazette – 1997 – No. 92

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✨ Financial Statements

NEW ZEALAND GAZETTE

No. 92

TAURANGA ELECTRICITY LIMITED

Profit and Loss and Retained Earnings Account

For the Year Ended 31 March 1997

Notes	Line Business 1997	Line Business 1996	Line Business 1995	Other Business 1997	Other Business 1996	Other Business 1995
SALES	4,553,696	4,137,399	3,613,972	6,909,400	5,955,072	5,262,602

| NET PROFIT BEFORE TAXATION | 2 | 772,514 | 562,812 | 523,969 | 1,191,447 | 1,106,040 | 1,371,708 |

| Taxation Expense | 3 | (254,930) | (178,824) | (172,910) | (428,889) | (121,439) | (313,440) |

| NET PROFIT AFTER TAXATION | | 517,584 | 383,988 | 351,059 | 762,558 | 984,601 | 1,058,268 |

| Retained earnings at beginning of year | | 518,614 | 275,690 | 65,055 | 224,260 | 365,595 | 265,903 |

| Dividends | 4 | (43,643) | (141,064) | (140,424) | (371,357) | (1,125,936) | (958,576) |

| RETAINED EARNINGS AT END OF YEAR | | 992,555 | 518,614 | 275,690 | $615,461 | $224,260 | $365,595 |

The accompanying Statement of Accounting Policies and Notes form part of and are to be read in conjunction with these Financial Statements. The Financial Statements have been prepared solely for the purpose of complying with Regulations 6[2] and 6[3] of the Electricity [Information Disclosure] Regulations 1994 and are not intended for any other purpose.

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VUW Te Waharoa — NZ Gazette 1997, No 92

NZLII — NZ Gazette 1997, No 92

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✨ LLM interpretation of page content

🏭 Certification of Financial Statements and Performance Measures by Tauranga Electricity Limited (continued from previous page)

Domain🏭 Trade, Customs & Industry
Dated4 August 1997
KeywordsElectricity, Financial Statements, Performance Measures, Certification, Tauranga, Regulations

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