✨ 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 —
NZ Gazette 2000, No 102
Gazette.govt.nz —
NZ Gazette 2000, No 102
✨ LLM interpretation of page content
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Counties Power Limited Financial Performance
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🏭 Trade, Customs & Industry2 August 2000
Electricity, Financial Performance, Revenue, Expenditure, Surplus, Tax, Equity, Dividend