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New Zealand Gazette – 1998 – No. 158

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✨ Financial Statements

3798 NEW ZEALAND GAZETTE No. 158

TOP ENERGY LIMITED

SPECIAL PURPOSE FINANCIAL STATEMENTS

STATEMENT OF FINANCIAL PERFORMANCE

FOR THE 12 MONTHS ENDED 31 MARCH 1998

	Notes	LINE BUSINESS $		ENERGY TRADING $
		1998	1997	1998	1997
Income	1	15,405,883	16,037,252	14,637,612	14,291,302
Less expenses, excluding finance costs	2	11,817,872	11,517,996	14,489,131	13,608,772
Profit before finance, abnormals and taxation		3,588,011	4,519,256	148,481	682,530
Less net finance costs	3	(23,677)	841,607	(764)	2,783
Profit before debt restructuring and taxation		3,611,688	3,677,649	149,245	679,747
Plus reassessed debt restructuring provision		-	604,739	-	2,000
Profit after debt restructuring and before taxation		3,611,688	4,282,388	149,245	681,747
Less taxation	4	688,261	790,271	28,441	125,810
Profit after taxation		2,923,427	3,492,117	120,804	555,937

This statement is to be read in conjunction with the accompanying notes, accounting policies and audit report.
The Financial Statements have been prepared solely for the purpose of complying with regulations 6(2) and 6(3) of the Electricity (Information Disclosure) Regulations 1994 and are not intended for any other purpose.

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VUW Te Waharoa — NZ Gazette 1998, No 158

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💰 Special Purpose Financial Statements for Top Energy Limited

Domain💰 Finance & Revenue
KeywordsFinancial Statements, Income, Expenses, Profit, Taxation, Top Energy Limited

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