✨ Financial Statements




27 NOVEMBER NEW ZEALAND GAZETTE 4511

Statement of Financial Performance

For the Year ended 30 June 1998

Note Distribution Retail
1998 1997 1998
$ $ $

REVENUE | $ 3,274,430 | $ 3,277,704 | $ 7,702,787 | $ 7,341,010 |

NET SURPLUS BEFORE TAXATION | 2 | $ 1,359,267 | $ 1,291,936 | $ 338,993 | $ 121,480 |
Taxation Expense | 3 | $ 511,844 | $ 500,689 | $ 30,608 | $ 42,389 |

NET SURPLUS AFTER TAXATION | | $ 847,423 | $ 791,247 | $ 308,385 | $ 79,091 |

Statement of Movement in Equity

For the Year ended 30 June 1998

Note Distribution Retail
1998 1997 1998
$ $ $

EQUITY AS AT 1 JULY 1997 | | $ 9,580,172 | $ 9,031,242 | $ 363,658 | $ 334,933 |

Net Surplus after Tax | | $ 847,423 | $ 791,247 | $ 308,385 | $ 79,091 |
Increase in Revaluation Reserve| | $ - | $ 207,317 | $ - | $ - |

Total Recognised Revenue and Expenses for the Year | | $ 847,423 | $ 998,564 | $ 308,385 | $ 79,091 |

Dividend to Shareholders | | $ 556,074 | $ 449,634 | $ 93,926 | $ 50,366 |

EQUITY AS AT 30 JUNE 1998 | | $ 9,871,521 | $ 9,580,172 | $ 578,117 | $ 363,658 |



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✨ LLM interpretation of page content

🏭 Financial Performance and Equity Movement Statements for Wanganui Gas Limited (continued from previous page)

🏭 Trade, Customs & Industry
18 October 1998
Financial performance, Equity movement, Revenue, Taxation, Dividends, Wanganui Gas Limited