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New Zealand Gazette – 1998 – No. 127

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✨ Financial Statements

NEW ZEALAND GAZETTE

31 AUGUST

SCANPOWER LIMITED

STATEMENT OF FINANCIAL PERFORMANCE

FOR THE YEAR ENDED 31 MARCH 1998

	Notes	Lines Business		Energy Business
		1998	1997	1998	1997
		$	$	$	$
REVENUE
Electricity Revenue		4,332,955	4,307,356	5,775,024	5,372,592
Other Income	1	373,228	407,583	1,670,440	1,674,887
		4,706,183	4,714,939	7,445,464	7,047,479
Less Customer Discounts		1,258,538	1,021,022	340,000	500,000
TOTAL REVENUE		3,447,645	3,693,917	7,105,464	6,547,479

| EXPENSES | | | | | |
| Electricity business and other costs | | 3,386,735 | 3,438,914 | 7,109,332 | 6,494,403 |
| TOTAL EXPENSES | | 3,386,735 | 3,438,914 | 7,109,332 | 6,494,403 |

| OPERATING SURPLUS BEFORE TAXATION | | 60,910 | 255,003 | (3,868) | 53,076 |
| Taxation Expense | 2 | 28,413 | 92,677 | (1,276) | 17,515 |

| OPERATING SURPLUS AFTER TAXATION | | 32,497 | 162,326 | (2,592) | 35,561 |

The accompanying notes form an integral part of these financial statements

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VUW Te Waharoa — NZ Gazette 1998, No 127

NZLII — NZ Gazette 1998, No 127

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✨ LLM interpretation of page content

🏭 Certificate of Financial Statements for Scanpower Limited (continued from previous page)

Domain🏭 Trade, Customs & Industry
Dated14 August 1998
KeywordsFinancial Statements, Audit, Electricity Information Disclosure, Scanpower Limited, Regulations

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