New Zealand Gazette – 2000 – No. 113

Page 2830

✨ Financial Statements

2830 NEW ZEALAND GAZETTE No. 113

OTAGO POWER LIMITED

STATEMENT OF MOVEMENTS IN EQUITY

for the year ended 31 March 2000

	31.3.00 $	31.3.00 $	31.3.99 $
Capital Fund at Start of Year		14,599,744	17,851,960
Adjustment due to Allocation Method change			(2,389,948)
Adjusted Equity at start of year		14,599,744	15,462,012
Net Surplus after Tax	2,733,588		2,092,462
Total Recognised Revenues Less Expenses		2,733,588	2,092,462
		17,333,332	17,554,474

| Add Contributions from Owners during Year | | | |
| Rebate B Shares Issued | | — | 128,855 |
| Retained Earnings Transferred on Sale “Other Business” | | 7,870,221 | — |
| | | 7,870,221 | 128,855 |

| Deduct Distributions to Owners during the Year | | | |
| Redemption Ordinary Shares | 1,712,144 | | 195,324 |
| Dividend on Shares | 7,762,776 | | 197,404 |
| Rebate B Shares Redeemed | — | | 7,562 |
| Transfer Preference Shares to Current Liabilities | | — | 2,683,295 |
| | | 9,474,920 | 3,083,585 |

| Capital Fund at end of Year | | 15,728,633 | 14,599,744 |

VUW Te Waharoa — NZ Gazette 2000, No 113

Gazette.govt.nz — NZ Gazette 2000, No 113

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✨ LLM interpretation of page content

🏭 Otago Power Limited Financial Position (continued from previous page)

Domain🏭 Trade, Customs & Industry
Dated14 August 2000
KeywordsElectricity, Financial Statement, Otago Power Limited, Capital Funds, Assets, Liabilities

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