✨ Financial Statements




17 SEPTEMBER
NEW ZEALAND GAZETTE
2997

2.3 STATEMENT OF MOVEMENTS IN EQUITY
For the year ended 31 March 1999

Notes 1999 ($000) 1998 ($000)
Equity at start of year 631,783 621,094
Net profit after tax 17,587 48,615
Movement in shares (8) 90
Write-back of deferred tax provision to revaluation reserve 8,110 -
Distribution to owners during the year 5 (59,872) (38,016)
Equity at end of year 597,600 631,783

The accompanying notes and accounting policies form part of and are to be read in conjunction with this statement.



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✨ LLM interpretation of page content

πŸ’° Financial Statements for the year ended 31 March 1999 (continued from previous page)

πŸ’° Finance & Revenue
Financial Performance, Revenue, Expenditure, Profit, Taxation, Assets, Liabilities