✨ Financial Statements
NEW ZEALAND GAZETTE
No. 120
ELECTRICITY ASHBURTON LIMITED - LINES BUSINESS
STATEMENT OF FINANCIAL PERFORMANCE
FOR THE YEAR ENDED 31 MARCH 2000
| Note | 2000 |
|---|---|
| $ |
REVENUE
Line Charges | 13,263,273 | 11,686,443
Other | 493,435 | 476,494
| 13,756,708 | 12,162,937
OPERATING EXPENDITURE
| Note | 2000 |
|---|---|
| $ |
Transmission Charges | 3,954,322 | 3,454,518
Other | 5,825,985 | 6,578,855
| 9,780,307 | 10,033,373
OPERATING SURPLUS before Deferred Discount | 3,976,401 | 2,129,564
Customer Deferred Discount | 5 | 1,600,000 | 1,569,813
OPERATING SURPLUS before Taxation | 2,376,401 | 559,751
Taxation | 4 | 1,198,978 | 1,054,431
| 1,177,423 | (494,680)ELECTRICITY ASHBURTON LIMITED - LINES BUSINESS
STATEMENT OF MOVEMENT IN EQUITY
FOR THE YEAR ENDED 31 MARCH 2000
| 2000 | 1999 | |
|---|---|---|
| $ | $ |
EQUITY AT START OF YEAR | 56,905,983 | 55,069,210
Operating Surplus after Taxation | 1,177,423 | (494,680)
Deferred Taxation on Distribution System Revaluation | 0 | 3,146,726
Distribution System Revaluation | (4,931,577) | 0
Total Recognised Revenue and Expenses for the Period | (3,754,154) | 2,652,046
Other Movements
Special Dividend | 5 | (1,116,700) | 0
Contributions from Owners (reinvestment of energy business sale proceeds) | 7,400,000 | 0
Metering Assets Revaluation Reserve Transferred to Other Business | 0 | (815,273)
| 59,435,129 | 56,905,983
The accompanying notes form part of these financial statements
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Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 2000, No 120
Gazette.govt.nz —
NZ Gazette 2000, No 120
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Electricity Ashburton Limited Financial Performance and Equity Movement
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