New Zealand Gazette – 1998 – No. 133

Page 3246

✨ Financial Statements Notes



3246 NEW ZEALAND GAZETTE No. 133

ENERGY AND OTHER BUSINESS ACTIVITIES - NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 1997

Note 1 Revenue

1998 $ 1997 $
Energy Sales 15,201,665 13,392,305
Appliance Sales, Servicing & Wholesale Trading 4,233,513 3,990,590
Sundry Income 208,410 98,274
Line Contracting 364,880 316,387
Total Revenue 20,008,468 17,797,556

Note 2 Operating Expenditure

1998 $ 1997 $
Directors Fees & Expenses 31,735 31,851
Shareholders Committee Fees & Expenses 12,444 8,000
Audit Fees - Annual 12,000 14,250
Audit Fees - Other 3,460 1,250
Interest Paid 0 21,887
Other 19,361,219 16,738,912
Total Operating Expenditure 19,420,858 16,816,150

Note 3 Taxation

Taxation Reconciliation:

1998 $ 1997 $
Operating Surplus before Taxation 250,424 464,990
Prima Facie Taxation @ 33% 82,638 153,446

Plus Tax Effect of:

1998 $ 1997 $
Permanent Differences 19,228 1,377
Prior Year Adjustment 0 69,408
Taxation Charge for Year 101,866 224,231


Next Page →

PDF embedding disabled (Crown copyright)

View this page online at:


VUW Te Waharoa — PDF NZ Gazette 1998, No 133


NZLII — PDF NZ Gazette 1998, No 133




✨ LLM interpretation of page content

🏭 Electricity Information Disclosure for Ashburton Limited (continued from previous page)

🏭 Trade, Customs & Industry
10 August 1998
Electricity, Financial Statements, Audit, Ashburton Limited, Accounting Policies