New Zealand Gazette – 1998 – No. 165

Page 3955

✨ Financial Statements

2 OCTOBER NEW ZEALAND GAZETTE 3955

TRANSALTA NEW ZEALAND LIMITED Statement of Movements in Equity
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

Shareholders’ funds at beginning of period 74,524 - 44,342 -
Issuance/Reallocation of share capital 5 (34,383) 75,464 (25,814) 46,248
Increase in asset revaluation reserve 6 23,983 - - -
Dividend paid (8,957) - - -
Earnings for period 19,794 (940) (287) (1,906)

Shareholders’ funds at end of period 74,961 74,524 18,241 44,342

Capital notes at beginning of period 96,091 - 1,452 -
Reallocation of capital notes 1,452 96,091 (1,452) 1,452
Capital notes at end of period 97,543 96,091 - 1,452

Shareholders’ funds and capital notes at end
of period 172,504 170,615 18,241 45,794

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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✨ LLM interpretation of page content

🏭 Financial Statements of TransAlta New Zealand Limited (continued from previous page)

Domain🏭 Trade, Customs & Industry
KeywordsFinancial Statements, Equity, Shareholders, Capital Notes, Electricity, Information Disclosure

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