New Zealand Gazette – 1999 – No. 105

Page 2497

✨ Financial Statements

31 AUGUST NEW ZEALAND GAZETTE 2497

statement of financial performance

CentralPower Limited

For the year ended 31 March 1999

	Notes	1999 $000's	1998 $000's
Operating Revenue		38,878	39,067
Operating Surplus Before Taxation for the Year	2	12,486	13,537
Income tax expense		3,680	3,989
Net Surplus for the Year		8,806	9,548

statement of movements in equity

For the year ended 31 March 1999

	Notes	1999 $000's
Equity at the Beginning of the Year		111,623
Allocation methodology under 1999 Regulations adjustment	1(j)	(7,683)
Amended equity at the beginning of the year		103,940
Net surplus		8,806
Increase/(decrease) in asset revaluation reserve		(1,570)
Total Recognised Revenues and Expenses for the Year		7,236
Distributions to owners during the year		(9,966)
Equity at End of the Year		101,210

The accompanying notes form an integral part of these financial statements.

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VUW Te Waharoa — NZ Gazette 1999, No 105

NZLII — NZ Gazette 1999, No 105

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✨ LLM interpretation of page content

🏭 Financial Statements of CentralPower Limited (continued from previous page)

Domain🏭 Trade, Customs & Industry
KeywordsFinancial Performance, Operating Revenue, Net Surplus, Equity, CentralPower Limited

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