New Zealand Gazette – 1999 – No. 113

Page 2684

✨ Financial Statements

NEW ZEALAND GAZETTE

No. 113

WAITAKI POWER LIMITED

STATEMENT OF FINANCIAL PERFORMANCE FOR YEAR ENDED 31 MARCH 1999

	NOTE	1998-99 LINES	1997-98 LINES
INCOME
Sales Revenue	1	6,879,044	6,362,995
Interest	2	138,822	0
Other	3	166,303	138,207
Total		7,184,169	6,501,202

| EXPENSES | 4 | 5,073,528 | 5,181,052 |

| SURPLUS / (DEFICIT) FROM OPERATIONS | | 2,110,641 | 1,320,150 |

| Discount | | 219,846 | 410,467 |
| Revaluation | | 0 | 92,101 |

| Earning Before Interest And Tax | | 1,890,795 | 1,001,784 |
| Interest Expense | | 45,156 | 0 |

| NET SURPLUS / (DEFICIT) BEFORE TAX | | 1,845,639 | 1,001,784 |
| Tax | | 691,765 | 308,078 |

| NET SURPLUS / (DEFICIT) FOR THE YEAR | | 1,153,874 | 693,706 |

STATEMENT OF MOVEMENT IN EQUITY FOR YEAR ENDED 31 MARCH 1999

	1998-99	1997-98
Equity at Start of Period	11,497,885	8,248,266
Net Surplus/Deficit for Period	1,153,874	693,706
Total Recognised Revenues and Expenses	1,153,874	693,706

| Equity at End of the Period | 12,651,759 | 8,941,972 |

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VUW Te Waharoa — NZ Gazette 1999, No 113

NZLII — NZ Gazette 1999, No 113

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✨ LLM interpretation of page content

🏭 Waitaki Power Limited Financial Statements (continued from previous page)

Domain🏭 Trade, Customs & Industry
KeywordsFinancial Performance, Income, Expenses, Surplus, Tax, Equity

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