New Zealand Gazette – 1998 – No. 123

Page 2957

✨ Financial Statements

KING COUNTRY ENERGY LIMITED AND SUBSIDIARY

STATEMENT OF FINANCIAL PERFORMANCE PREPARED IN ACCORDANCE WITH

THE ELECTRICITY INFORMATION DISCLOSURE REGULATIONS 1994

FOR THE YEAR ENDED 31 MARCH 1998

	Note	Lines Business 1997/1998	Energy Business 1997/1998	Generation Business 1997/1998	Lines Business 1996/1997	Energy Business 1996/1997	Lines Business 1995/1996	Energy Business 1995/1996
Revenue	2	7,891,022	12,869,796	2,737,035	7,692,262	12,175,230	7,527,534	11,734,892
Expenses	3	(6,909,271)	(14,473,199)	(1,849,381)	(6,563,298)	(12,226,956)	(6,755,598)	(11,491,535)
Operating Surplus		981,751	(1,603,403)	887,654	1,128,964	(51,726)	771,936	243,357
Less Write Off Development Costs		-	-	-	-	(848,084)	-	(27,999)
Surplus before Income Tax		981,751	(1,603,403)	887,654	1,128,964	(899,810)	771,936	215,358
Income Tax	4	(210,869)	529,124	(311,987)	(381,807)	22,605	(257,583)	(71,068)
Operating Surplus / (Deficit) After Income Tax		770,882	(1,074,279)	575,667	747,157	(877,205)	514,353	144,290

The Accompanying notes form an integral part of these Financial Statements.

25 AUGUST

NEW ZEALAND GAZETTE

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VUW Te Waharoa — NZ Gazette 1998, No 123

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✨ LLM interpretation of page content

🏭 King Country Energy Limited Financial Performance (continued from previous page)

Domain🏭 Trade, Customs & Industry
KeywordsFinancial Statements, Electricity, Revenue, Expenses, Operating Surplus, Income Tax, King Country Energy Limited

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