✨ 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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🏭 Transpower New Zealand Limited Consolidated Statement of Movements in Equity (continued from previous page)

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Electricity, Financial Performance, Equity, Revenue, Expenses, Surplus, Deficit