Financial Statements




POWERCO LIMITED
STATEMENT OF FINANCIAL PERFORMANCE
FOR THE YEAR ENDED 31 MARCH 1998

Notes Gas Distribution $000 Gas Retailing $000 Other $000 Gas Distribution $000 Gas Retailing $000 Other $000
OPERATING REVENUE 9,093 7,343 152,546 8,316 7,575 111,562

OPERATING SURPLUS BEFORE TAXATION
| | 9 | 4,162 | 508 | 27,431 | 2,812 | (296) | 23,603 |

Taxation expense
| | 10 | 1,231 | 150 | 7,798 | 881 | (93) | 7,405 |

OPERATING SURPLUS AFTER TAXATION
| | | 2,931 | 358 | 19,633 | 1,931 | (203) | 16,198 |

Share of retained surplus (losses) in associate companies after tax
| | | — | — | 170 | — | — | 37 |

OPERATING SURPLUS ATTRIBUTABLE TO THE SHAREHOLDERS
| | | 2,931 | 358 | 19,803 | 1,931 | (203) | 16,235 |

21 SEPTEMBER

NEW ZEALAND GAZETTE



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🏭 Powerco Limited Gas Information Disclosure (continued from previous page)

🏭 Trade, Customs & Industry
20 August 1998
Gas, Information Disclosure, Regulations, Powerco Limited, Financial Statements, Certification