New Zealand Gazette – 2000 – No. 124

Page 3151

✨ Financial Statements Notes



8 SEPTEMBER NEW ZEALAND GAZETTE 3151

NOTES TO AND FORMING PART OF THE FINANCIAL STATEMENTS
For the Year Ended 31 March 2000

Line Business
2000 1999
$000's $000's

  1. Operating Revenue
    Line Charges 26,388 23,812
    Loss Rental Rebate 712 1,276
    Line Contributions 1,516 1,438
    Interest Received 191 482
    Application Fees etc. 36 315
    $28,843 $27,323

  2. Operating Surplus Before Tax After Charging:
    Bad Debts Written Off - 30
    Depreciation 3,906 2,595
    Directors' Fees 76 70
    Interest 1 1
    Rental and Operating Lease Costs 6 9
    Research and Development 15 -
    Donations - -
    Gain (Loss) on Sale of Assets - -

  3. Auditors' Remuneration
    Auditing Financial Statements 12 15
    Other Services 1 6

  4. Taxation
    Profit Before Taxation 6,924 3,790

    Prima Facie Taxation @ 33% 2,285 1,251
    Plus Tax Effect of Permanent Differences:-
    Permanent Differences 546 110
    Timing differences not recognised (419) -
    Prior Period Adjustment (45) -
    Deferred Tax Adjustment (3,276) -
    Tax on Profits for Year ($909) $1,361

    The Taxation Charge is Represented by:-
    Current Taxation 2,367 34
    Deferred Taxation (3,276) 1,327
    ($909) $1,361

    Movements in Provision for Deferred Taxation:
    Opening Balance (3,276) (1,928)
    Prior Period Adjustment - (22)
    Current Movement in Timing Differences 3,276 (1,326)
    $0 ($3,276)

    Imputation Credit Account:
    Opening Balance 3,244 3,106
    Imputation Credits Attached to Dividends Paid - -
    Income Tax Payments During Year 430 138
    $3,674 $3,244



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Online Sources for this page:

VUW Te Waharoa — PDF NZ Gazette 2000, No 124


Gazette.govt.nz — PDF NZ Gazette 2000, No 124




✨ LLM interpretation of page content

🌾 Northpower Limited Statement of Cash Flows (continued from previous page)

🌾 Primary Industries & Resources
30 August 2000
Electricity, Financial Statements, Cash Flows, Operating Activities, Investing Activities, Financing Activities, Northpower Limited