✨ Financial Statements
2574 NEW ZEALAND GAZETTE No. 103
Centralines Limited – Line Business
Note 3 Taxation
Company Imputation Credit Account
| 2000 | 1999 | |
|---|---|---|
| $000 | $000 | |
| Balance 1 April 1999 | 324 | 348 |
| Plus: Taxation Paid | - | - |
| Resident Withholding Tax | - | - |
| Less: Imputation Credits attached to: | ||
| Dividends Paid | 22 | 24 |
| Taxation Refund | - | - |
| Balance as at 31 March 2000 | 302 | 324 |
Deferred Taxation Account
| 2000 | 1999 | |
|---|---|---|
| Opening Balance | 736 | 75 |
| Movement | (437) | 661 |
| Closing Balance | 299 | 736 |
A deferred tax liability of $2,631,073 has not been recognised. A tax loss benefit of $298,977 has been recognised. Subsequent realisation is subject to the requirements of income tax legislation being met.
Taxation Calculation
| 2000 | 1999 | |
|---|---|---|
| $000 | $000 | |
| Net Surplus before Taxation | 1,588 | 217 |
| Tax @ 33 cents on Assessable Income | 524 | 72 |
| Plus/(Less) Tax effect of Permanent Differences | 242 | (1,047) |
| Less Tax effect of Timing Differences | (329) | - |
| Deferred Tax Adjustment | - | 7 |
| Deferred Taxation/Taxation Expense | 437 | (968) |
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Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 2000, No 103
Gazette.govt.nz —
NZ Gazette 2000, No 103
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Centralines Limited Financial Statements
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💰 Finance & RevenueFinancial Statements, Taxation, Imputation Credits, Deferred Taxation, Tax Calculation