✨ Financial Statement




NEW ZEALAND GAZETTE

No. 180

STATEMENT OF MOVEMENTS IN EQUITY

FOR THE YEAR ENDED 31 MARCH 1999

1999 1998
$'000 $'000

EQUITY AT BEGINNING OF THE YEAR
31,412 | 29,373 |

Transfer of Meters to 'Other Business'
-3,149 | 0 |

Adjusted Opening Equity
28,263 | 29,373 |

Net surplus for the period
2,363 | 2,110 |

Revaluation of Assets
15,300 | 0 |

Total recognised revenues and expenses
17,663 | 2,110 |

Impact of Sale of Energy/Generation
-6,281 | 0 |

Dividends - Ordinary Shares
75 | 55 |

Dividends - Preference Shares
22 | 16 |

EQUITY AT END OF THE YEAR
6 | 39,548 | 31,412 |

The accompanying notes form part of and are to be read in conjunction with these financial statements.



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🏭 Westpower Limited Statement of Financial Performance (continued from previous page)

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Financial Performance, Revenue, Expenses, Westpower Limited