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New Zealand Gazette – 1999 – No. 190

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✨ Financial Statements

NEW ZEALAND GAZETTE

No. 190

TRANSPOWER NEW ZEALAND LINES BUSINESS

STATEMENT OF FINANCIAL PERFORMANCE

FOR THE YEAR ENDED 30 JUNE 1999

	Notes	LINES BUSINESS 1999	GROUP 1999	GROUP 1998
		$000	$000	$000
Operating revenue	3	494,932		556,893
Operating expenses	4	247,068		348,774
Net finance costs	6	96,344		113,537
Earnings / (Surplus) from operations before tax and revaluation		150,724		94,582
Less transfer from revaluation reserve	15	14,113		407,147
Surplus / (deficit) from operations before tax		136,611		(312,565)
Tax expense	7	39,712		25,494
Operating surplus / (deficit) after tax		96,899		(338,059)

Share of post tax acquisition surplus of the Transpower Group associate | | — | | 533 |

Net surplus / (deficit) attributable to shareholders | | 96,899 | | (337,526) |

These statements are to be read in conjunction with the accompanying notes.

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VUW Te Waharoa — NZ Gazette 1999, No 190

NZLII — NZ Gazette 1999, No 190

The General Assembly Library (on the right) was completed in 1899 and survived the 1907 fire. Now the oldest remaining original Parliament building, still used as the Parliamentary Library.

✨ LLM interpretation of page content

🏭 Transpower New Zealand Limited Information Disclosure (continued from previous page)

Domain🏭 Trade, Customs & Industry
Dated24 November 1999
KeywordsAudit, Financial Statements, Electricity, Information Disclosure, Regulations, Transpower

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