✨ Financial Statements




3502 NEW ZEALAND GAZETTE No. 145

BULLER ELECTRICITY LIMITED

STATEMENT OF FINANCIAL PERFORMANCE
FOR THE YEAR ENDED MARCH 31 1998

Operating Revenues Line Business 1998 $ Line Business 1997 $ Note Other Business 1998 $ Other Business 1997 $
Sales of Electricity 3,317,793 3,609,090 4,660,261 3,727,738
Other Income 143,877 67,399 1,343,699 1,233,185
3,461,670 3,676,489 6,003,960 4,960,923
Operating Expenses
Cost of Electricity 1,215,101 1,650,644 4,204,544 3,114,728
Depreciation 341,462 434,581 172,466 53,258
Other Expenses 1,236,033 1,229,774 1,590,502 1,548,865
2,792,596 3,314,999 5,967,512 4,716,851
Surplus Before Taxation 669,074 361,490 (6) 36,448 244,072
Taxation 230,381 127,536 12,865 80,657
Surplus After Taxation 438,693 233,954 23,583 163,415
Deduct
Share of Retained Losses of Associates - - 5,216 1,835
Net Surplus $438,693 $233,954 $18,367 $161,580


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Financial Performance, Operating Revenues, Operating Expenses, Surplus, Taxation, Buller Electricity Limited