Financial Statements




3986 NEW ZEALAND GAZETTE No. 167

TRANSALTA NEW ZEALAND LIMITED

Statement of Movements in Equity

For the Year Ended 31 March 1998

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

Shareholders’ funds at beginning of period
| | 17,542 | - | 442 | -

Issuance/Reallocation of share capital
| 5 | 645 | 16,554 | 588 | 43

Dividend paid
| | (2,577) | - | (281) | -

Earnings for period
| | 3,178 | 988 | (235) | 399

Shareholders’ funds at end of period
| | 18,788 | 17,542 | 514 | 442

Capital notes at beginning of period
| | 13,267 | - | 34 | -

Reallocation of capital notes
| 5 | 34 | 13,267 | (34) | 34

Capital notes at end of period
| | 13,301 | 13,267 | - | 34

Shareholders’ funds and capital notes at end of period
| | 32,089 | 30,809 | 514 | 476

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

🏭 Trade, Customs & Industry
28 August 1998
Financial Statements, Gas, Information Disclosure, TransAlta New Zealand Limited