β¨ Financial Statements
NEW ZEALAND GAZETTE
No. 106
WAIPA POWER LIMITED - OTHER BUSINESS
STATEMENT OF FINANCIAL PERFORMANCE
FOR THE YEAR ENDED 31 MARCH 1998
| Note | 1998
| | $
|------|-----------
| REVENUE | 15,102,235
| NET SURPLUS BEFORE TAX | 2 | 1,030,892
| LESS TAXATION EXPENSE | 3 | 345,449
| NET SURPLUS AFTER TAX | | 685,443
| | 1997
| | $
|------|----------
| | 14,378,818
| | 746,862
| | 256,898
| | 489,964
STATEMENT OF MOVEMENTS IN EQUITY
FOR THE YEAR ENDED 31 MARCH 1998
| | 1998
| | $
|--------------------|------------
| EQUITY AS AT 1 APRIL 1997 | 3,000,000
| NET SURPLUS FOR YEAR | 685,443
| TOTAL RECOGNISED REVENUE AND EXPENSES FOR THE YEAR | 685,443
| INTERIM DIVIDEND DECLARED | 362,188
| PROVISION FOR DIVIDEND | 323,255
| DISTRIBUTION TO OWNERS FOR INVESTING ACTIVITIES | -
| EQUITY AS AT 31 MARCH 1998 | 3,000,000
| | 1997
| | $
|--------------------|------------
| | 5,136,372
| | 489,964
| | 489,964
| | -
| | 823,859
| | 1,802,477
| | 3,000,000
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
Financial Performance of Waipa Power Limited
(continued from previous page)
π Trade, Customs & Industry26 June 1998
Financial Statements, Revenue, Surplus, Equity, Dividend, Waipa Power Limited