✨ Financial Statements




3704 NEW ZEALAND GAZETTE No. 155

MAINPOWER NEW ZEALAND LTD

Other Business Activities

Notes to and Forming Part of the Financial Statements

For the Year Ended 31 March 1998

1998 1997
$000 $000
  1. Operating Surplus Before Taxation
    Net Surplus Before Taxation | 611 | 568 |

    After Charging
    Depreciation | 335 | 297 |

  2. Reserves
    Company Establishment Reserve
    Balance at 31 March | 1,599 | 1,599 |
    Dividend to Lines Business | (322) | - |
    Total Reserves | 1,277 | 1,599 |

  3. Retained Earnings
    Opening Balance | 64 | 87 |
    Operating Surplus | 397 | 368 |
    Dividend to Lines Business | (461) | (391) |
    Total Retained Earnings | - | 64 |

  4. Long Term Liabilities
    Provision for Gratuities | 564 | 525 |
    Total Long Term Liabilities | 564 | 525 |

  5. Fixed Assets

    Assets B.V. 31.03.98 ($000) Assets B.V. 31.03.97 ($000)
    Motor Vehicles 728
    Plant & Equipment 518
    Furniture & Fittings 12
    Total 1,258


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🏭 MainPower New Zealand Ltd Statement of Financial Position (continued from previous page)

🏭 Trade, Customs & Industry
Financial Position, Equity, Liabilities, Assets, Operating Surplus, Reserves, Retained Earnings, Long Term Liabilities, Fixed Assets