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New Zealand Gazette – 1998 – No. 193

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✨ Financial Statements

NEW ZEALAND GAZETTE

No. 193

TRANSPOWER NEW ZEALAND LIMITED GROUP

CONSOLIDATED STATEMENT OF FINANCIAL PERFORMANCE

FOR THE YEAR ENDED 30 JUNE 1998

	Notes	1998 $000	1997 $000
Operating revenue	3	556,893	550,342
Operating expenses	4	348,774	323,926
		208,119	226,416
Net finance costs	6	113,537	107,055
Surplus (deficit) from operations before tax and revaluation		94,582	119,361
Less transfer from revaluation reserve	15	407,147	-
Surplus (deficit) from operations before tax		(312,565)	119,361
Tax expense	7	25,494	26,465
Operating surplus (deficit) after tax		(338,059)	92,896

| Share of post tax acquisition surplus (deficit) of the Transpower Group associate | 9 | 533 | (115) |

| Net surplus (deficit) attributable to shareholders | | (337,526) | 92,781 |

These statements are to be read in conjunction with the accompanying notes.

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VUW Te Waharoa — NZ Gazette 1998, No 193

NZLII — NZ Gazette 1998, No 193

The General Assembly Library (on the right) was completed in 1899 and survived the 1907 fire. Now the oldest remaining original Parliament building, still used as the Parliamentary Library.

✨ LLM interpretation of page content

🏭 Transpower New Zealand Limited Information Disclosure (continued from previous page)

Domain🏭 Trade, Customs & Industry
KeywordsElectricity, Financial Performance, Revenue, Expenses, Tax, Surplus, Deficit

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