✨ Financial Statements




3134 NEW ZEALAND GAZETTE No. 130

POWERCO LIMITED

STATEMENT OF MOVEMENTS IN EQUITY

FOR THE YEAR ENDED 31 MARCH 1999

31 March 1999 Gas Distribution $000 31 March 1998 Gas Distribution $000
EQUITY AT 1 APRIL 1998 27,282
Operating surplus attributable to the shareholders 2,961 2,931
Total recognised revenue and expenses for the year 2,961 2,931
Allocation adjustment 1,056 (1,715)
Distributions to shareholders
Share repurchase 11 (860)
Dividends - paid (36)
- proposed (76) (1,456)
(112) (2,316)
EQUITY AT 31 MARCH 1999 31,187 27,282


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🏭 Certification of Financial Statements and Performance Measures for Powerco Limited (continued from previous page)

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Gas, Information Disclosure, Financial Statements, Performance Measures, Powerco Limited