✨ Financial Statements
2612
NEW ZEALAND GAZETTE
No. 105
NELSON ELECTRICITY LIMITED
Statement of Financial Performance for the 12 Months Ended 31 March 2000
| INCOME | Notes | 2000 | 1999 |
|---|---|---|---|
| Interest received | 375 | 191 | |
| Network revenue | 7,392 | 1,467 | |
| Other income | 157 | - | |
| 7,924 | 1,658 |
EXPENDITURE
| Operations and maintenance | | 518 | - |
| Transmission charges | | 2,795 | - |
| Directors fees | | 35 | 18 |
| Audit fees | | 27 | 9 |
| Other administration | | 246 | 110 |
| Interest expense | | 168 | 158 |
| Depreciation | | 417 | 411 |
| Amortisation of lease buy-out| 7,11 | 919 | - |
| | | 5,123 | 704 |
SURPLUS BEFORE TAXATION
| Provision for Taxation | 3 | 1,253 | 337 |
| | | 1,548 | 617 |
SURPLUS AFTER TAXATION
Statement of Movements in Equity for the Year Ended 31 March 2000
| 2000 | 1999 | |
|---|---|---|
| Equity at Beginning of Year | 4,532 | 6,163 |
Surplus and Revaluations
| Net Surplus for Period | 1,548 | 617 |
| Total Recognised Revenues and Expenses | 1,548 | 617 |
Other Movements
| Distributions to Owners | (1,000) | (950) |
| Equity Adjustment for Removal of Metering Assets | - | (1,298) |
| Total Other Movements | (1,000) | (2,248) |
Equity at End of Year
| | 5,080 | 4,532 |
The Accompanying Notes form an Integral part of These Financial Statements
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Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 2000, No 105
Gazette.govt.nz —
NZ Gazette 2000, No 105
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🏭 Nelson Electricity Limited Financial Performance and Equity Movements
🏭 Trade, Customs & IndustryFinancial Statements, Income, Expenditure, Surplus, Equity, Nelson Electricity Limited