β¨ Financial Statements
30 NOVEMBER NEW ZEALAND GAZETTE 4527
TRANSPOWER NEW ZEALAND LIMITED GROUP
CONSOLIDATED STATEMENT OF MOVEMENTS IN EQUITY
FOR THE YEAR ENDED 30 JUNE 1998
| Notes | 1998 $000 | 1997 $000 | |
|---|---|---|---|
| Equity at the beginning of the year | 1,345,260 | 1,329,797 | |
| Net surplus (deficit) attributable to shareholders | (337,526) | 92,781 | |
| Net revaluation (devaluation) of assets through reserves | (41,382) | (12,372) | |
| Total recognised revenue and expenses for the year | 966,352 | 1,410,206 | |
| Distribution to owners during the year | 16 | (59,283) | (64,946) |
| Equity at the end of the year | 907,069 | 1,345,260 |
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
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Transpower New Zealand Limited Consolidated Statement of Movements in Equity
(continued from previous page)
π Trade, Customs & IndustryElectricity, Financial Performance, Equity, Revenue, Expenses, Surplus, Deficit