New Zealand Gazette – 1998 – No. 138

Page 3349

✨ Financial Performance Statement

9 SEPTEMBER NEW ZEALAND GAZETTE 3349

Note 7 Statement of Financial Performance Operating Revenue

The following items are disclosed in accordance with FRS 9 issued by the Institute of Chartered Accountants of New Zealand. The calculation of Operating Surplus before Tax includes:

	Network	Energy & Other	Network	Energy & Other
	1998	1998	1997	1997
	$000	$000	$000	$000

Revenue:

Network | 4,546 | - | 4,756 | - |
Energy | - | 5,554 | - | 4,428 |
Commercial | - | 1,941 | - | 2,321 |
Rent | - | 16 | - | 17 |
Interest | - | 19 | - | 17 |
Capital Contribution| - | - | 3 | - |
Gain on Sale of Assets| 3 | 2 | - | (67) |

Total Operating Revenue: | 4,549 | 7,532 | 4,759 | 6,716 |

Expenses:

Audit Fees | 15 | 14 | 13 | 14 |
Depreciation | 378 | 247 | 513 | 93 |
Director's Fees & Expenses| 33 | 33 | 33 | 33 |
Rent | - | 82 | - | 72 |
Interest | - | 17 | - | 19 |
Donations | - | 2 | - | 4 |
Bad Debts Written Off | - | 46 | - | 27 |

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VUW Te Waharoa — NZ Gazette 1998, No 138

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💰 Notes to the Financial Accounts for CHB Power Holdings Limited (continued from previous page)

Domain💰 Finance & Revenue
KeywordsFinancial Accounts, Operating Revenue, Expenses, CHB Power Holdings Limited

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