New Zealand Gazette – 1998 – No. 143

Page 3468

✨ Electricity Financial Disclosure

NEW ZEALAND GAZETTE

No. 143

SOUTHPOWER LIMITED

The following public disclosures are made by Southpower Limited ("Southpower") in accordance with the Electricity (Information Disclosure) Regulations 1994 (the "Regulations").

The disclosures cover the period from 1 April 1997 to 31 March 1998 and provide comparatives for prior years where required by the Regulations.

Regulation 6 - Financial Statement disclosure by line owners

STATEMENT OF FINANCIAL PERFORMANCE

Years ending 31 March	1998 Line Business $000's	1997 Line Business $000's	1998 Electricity Related Businesses $000's	1997 Electricity Related Businesses $000's
Notes
Operating revenues	136,585	125,269	175,353	167,539
Operating surplus before taxation	37,119	32,560	2,946	3,223
Taxation expense and subvention payment	13,700	8,353	947	1,318
Operating surplus after taxation	23,419	24,207	1,999	1,905
Share of retained surpluses less losses of subsidiary companies	-	-	(2,323)	(505)
Tax paid net surplus attributable to minority shareholders of subsidiary companies	-	-	51	-
Share of retained surpluses less losses of associate companies	-	-	3	1
Net surplus attributable to parent company shareholders	23,419	24,207	(270)	1,401

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VUW Te Waharoa — NZ Gazette 1998, No 143

NZLII — NZ Gazette 1998, No 143

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🏗️ Southpower Limited Information Disclosure (continued from previous page)

Domain🏗️ Infrastructure & Public Works
KeywordsElectricity, Financial Disclosure, Southpower Limited, Regulations

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