New Zealand Gazette – 1998 – No. 143

Page 3473

✨ Financial Disclosure Notes

14 SEPTEMBER NEW ZEALAND GAZETTE

Notes to the Accounts

Both the Statement of Financial Performance and Statement of Financial Position are reconcilable to Southpower’s published Annual Report after adjusting for the revenues, costs, assets and liabilities attributable to the business units and related companies that are not covered by the disclosure requirements of these Regulations.

Operating surplus before taxation

The operating surplus before tax includes the following expense items:

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
Depreciation	18,241	11,013	1,138	896
Interest on mandatory convertible notes	6,101	6,101	-	-
Net other interest expense/(income)	(2,800)	(1,574)	593	(75)
Severances and restructuring expenditure	792	730	1,278	779

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VUW Te Waharoa — NZ Gazette 1998, No 143

NZLII — NZ Gazette 1998, No 143

The Executive Wing of Parliament (depicted) is universally known as The Beehive. It was completed in 1977 and remains the primary office for the elected Government of the day.

✨ LLM interpretation of page content

🏗️ Southpower Limited Information Disclosure (continued from previous page)

Domain🏗️ Infrastructure & Public Works
KeywordsElectricity, Financial Disclosure, Southpower Limited, Regulations, Accounting Policies, Inventories, Fixed Assets, Income Tax, Employee Entitlements, Intercompany Sales

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Additional Sources

Wellington City Recollect have made available a comprehensive and excellent-quality scan of the Wellington Provincial Gazette which was used to fill in a number of issues missing from Victoria University's Gazette Archive; in particular, all 1856 issues, issues 22-34 for 1864 and issues 9-19 for 1870.
27 issues of The New Zealand Advertiser and Bay of Islands Gazette (1840) were sourced from Papers Past (public domain).
Gazette Extraordinary No. 1 (1840), held at the Alexander Turnbull Library, Wellington, New Zealand. Imaged by Luke Howison at the National Library reading rooms; PDF released into the public domain.

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