New Zealand Gazette – 1998 – No. 167

Page 3984

✨ Financial Statements

3984 NEW ZEALAND GAZETTE No. 167

TRANSALTA NEW ZEALAND LIMITED

Statement of Financial Performance

For the Year Ended 31 March 1998

Notes	Distribution	Retail
	31-Mar-98	31-Mar-97
	$000	$000

Operating revenue | 13,397 | 13,674 | 11,303 | 11,733 |

Expenses
Purchases and transmission | - | - | 10,027 | 10,453 |
Operating | 3,224 | 4,333 | 1,753 | 804 |
Depreciation | 1,890 | 2,011 | 93 | 9 |
| 5,114 | 6,344 | 11,873 | 11,266 |

Operating earnings | 8,283 | 7,330 | (570) | 467 |

Interest and other income | 2 | 384 | 1,320 | 197 | 2,302 |
Interest expense | | 3,622 | 1,800 | 4 | - |

Earnings before income tax | 5,045 | 6,850 | (373) | 2,765 |

Income tax | 4 | 1,867 | 2,510 | (138) | 1,013 |

Earnings for the period | 3,178 | 4,340 | (235) | 1,752 |

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 Gas (Information Disclosure) Regulations 1997.

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 167

NZLII — NZ Gazette 1998, No 167

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

Domain🏭 Trade, Customs & Industry
KeywordsFinancial Statements, Gas, Information Disclosure, TransAlta New Zealand Limited

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