Financial Statements




22 AUGUST NEW ZEALAND GAZETTE 2533

Counties Power Limited – Line Business
STATEMENT OF FINANCIAL PERFORMANCE
For the Year ended 31 March 2000

                                   31 March     31 March
                                   2000         1999

Notes $000 $000

TOTAL OPERATING REVENUE (2) 23,965 22,233
TOTAL OPERATING EXPENDITURE (3) (16,316) (16,160)
OPERATING SURPLUS BEFORE
INTEREST AND INCOME TAX 7,649 6,073
INTEREST EXPENSE (3) (427) (448)
OPERATING SURPLUS BEFORE
INCOME TAX 7,222 5,625
INCOME TAX (4) (2,397) (1,051)
NET SURPLUS AFTER TAX 4,825 4,574

STATEMENT OF MOVEMENTS IN EQUITY
For the Year Ended 31 March 2000

                                   31 March     31 March
                                   2000         1999
                                   $000         $000

EQUITY AT BEGINNING OF YEAR 33,863 32,963
NET PROFIT FOR YEAR 4,825 4,574
TRANSFER OF METERS TO
“OTHER” BUSINESS (17) - (3,674)
DIVIDEND
Ordinary Shares (250) -
EQUITY AT END OF YEAR 38,438 33,863



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Online Sources for this page:

VUW Te Waharoa PDF NZ Gazette 2000, No 102


Gazette.govt.nz PDF NZ Gazette 2000, No 102





✨ LLM interpretation of page content

🏭 Counties Power Limited Financial Performance (continued from previous page)

🏭 Trade, Customs & Industry
2 August 2000
Electricity, Financial Performance, Revenue, Expenditure, Surplus, Tax, Equity, Dividend