New Zealand Gazette – 2000 – No. 116

Page 2909

✨ Financial Statements



30 AUGUST NEW ZEALAND GAZETTE 2909

WEL ENERGY GROUP LIMITED

Statement of Financial Performance

For the year ended 31 March 2000

Note Line Business 2000 ($000s) 1999 ($000s)
Total revenue 54,993 52,490
2 Operating expenses (29,436) (28,549)
Operating surplus before interest & taxation 25,557 23,941
3 Interest expense (40) (51)
Operating surplus before taxation 25,517 23,890
4 Taxation expense (9,273) (9,438)
Surplus attributable to the shareholders of the parent company 16,244 14,452

Statement of Movements in Equity

For the year ended 31 March 2000

Note Line Business 2000 ($000s) 1999 ($000s)
Equity as at 1 April 224,656 134,225
Net Surplus for the year 16,244 14,452
Total Recognised Revenue and Expenses 16,244 14,452
Dividends (13,994) (6,073)
Allocation in compliance with Electricity (Information Disclosure) Regulations
Cash & Bank - 85,918
Fixed assets - (3,022)
Other - (844)
(13,994) 75,979
Equity as at 31 March 226,906 224,656


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Online Sources for this page:

VUW Te Waharoa — PDF NZ Gazette 2000, No 116


Gazette.govt.nz — PDF NZ Gazette 2000, No 116




✨ LLM interpretation of page content

🏭 Wel Energy Group Limited Information Disclosure (continued from previous page)

🏭 Trade, Customs & Industry
Electricity, Information Disclosure, Regulations, Financial Performance, Wel Energy Group Limited