β¨ Financial Statements
3954 NEW ZEALAND GAZETTE No. 165
TRANSALTA NEW ZEALAND LIMITED Statement of Financial Performance
For the Year Ended 31 March 1998
Notes Line Business Energy Business
31-Mar-98 31-Mar-97 31-Mar-98 31-Mar-97
$000 $000 $000 $000
Operating revenue 125,563 126,301 131,099 116,629
Expenses
Purchases and Transmission 32,550 46,775 118,136 98,651
Operating 3 24,023 40,600 15,448 18,963
Depreciation and amortisation 3 13,859 11,500 1,749 1,387
70,432 98,875 135,333 119,001
Operating earnings 55,131 27,426 (4,234) (2,372)
Interest and other income 2 2,817 5,680 3,841 4,356
Interest expense 3 26,529 13,083 62 300
Earnings before income tax 31,419 20,023 (455) 1,684
Income tax 4 11,625 7,285 (168) 1,025
Earnings for the period 19,794 12,738 (287) 659
The attached notes form an integral part of, and should be read in conjunction with, these financial statements.
The information disclosed in the 1998 Information Disclosure package issued by TransAlta New Zealand Limited has been prepared solely for the purposes of the Electricity (Information Disclosure) Regulations 1994.
The information should not be used for any other purpose than that intended under the regulations.
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VUW Te Waharoa —
NZ Gazette 1998, No 165
NZLII —
NZ Gazette 1998, No 165
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Financial Statements of TransAlta New Zealand Limited
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