β¨ Financial Statements
5 AUGUST
NEW ZEALAND GAZETTE
2579
WAIPA POWER LIMITED - LINE BUSINESS
STATEMENT OF FINANCIAL PERFORMANCE
FOR THE YEAR ENDED 31 MARCH 1998
| Note | 1998 $ | 1997 $ | |
|---|---|---|---|
| REVENUE | 9,694,520 | 9,969,992 | |
| NET SURPLUS BEFORE TAX | 2 | 2,901,056 | 2,021,946 |
| LESS TAXATION EXPENSE | 3 | 710,914 | 647,305 |
| NET SURPLUS AFTER TAX | 2,190,142 | 1,374,641 |
STATEMENT OF MOVEMENTS IN EQUITY
FOR THE YEAR ENDED 31 MARCH 1998
| 1998 $ | 1997 $ | |
|---|---|---|
| EQUITY AS AT 1 APRIL 1997 | 44,045,732 | |
| 44,045,732 | ||
| NET SURPLUS FOR YEAR | 2,190,142 | 1,374,641 |
| TOTAL RECOGNISED REVENUE AND | ||
| EXPENSES FOR THE YEAR | 2,190,142 | 1,374,641 |
| INTERIM DIVIDEND DECLARED | 661,917 | - |
| PROVISION FOR DIVIDEND | 590,764 | 899,803 |
| DISTRIBUTION TO OWNERS FOR | ||
| INVESTING ACTIVITIES | - | 6,197,523 |
| EQUITY AS AT 31 MARCH 1998 | 44,983,193 | 44,045,732 |
The accompanying notes form part of and are to be read in conjunction with these financial statements.
The financial statements have been prepared for the purpose of complying with the requirements of the Electricity (Information Disclosure) Regulations 1994 and are not intended for any other purpose.
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VUW Te Waharoa —
NZ Gazette 1998, No 106
NZLII —
NZ Gazette 1998, No 106
β¨ LLM interpretation of page content
π
Certification of Financial Statements and Performance Measures by Waipa Power Limited
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π Trade, Customs & Industry23 June 1998
Financial Statements, Performance Measures, Electricity, Information Disclosure, Waipa Power Limited