✨ Financial Statements
8 SEPTEMBER NEW ZEALAND GAZETTE 3173
SCANPOWER LIMITED - LINES BUSINESS
STATEMENT OF MOVEMENTS IN EQUITY
FOR THE YEARS ENDED 31 MARCH
| Notes | 2000 |
|---|---|
| $ | |
| EQUITY AT BEGINNING OF THE YEAR | 8,386,015 |
| Adjustment to equity | (3,722,597) |
| AMENDED EQUITY AT BEGINNING OF THE YEAR | 3,15 4,663,418 |
| 1999 | |
|---|---|
| $ | |
| EQUITY AT BEGINNING OF THE YEAR | 7,823,921 |
| Adjustment to equity | 567,265 |
| AMENDED EQUITY AT BEGINNING OF THE YEAR | 8,391,186 |
SURPLUS AND REVALUATIONS
| 2000 | |
|---|---|
| $ | |
| Net surplus for the year | 114,721 |
| Revaluation of fixed assets | 3 0 |
| Total recognised revenues and expenses for the year | 114,721 |
| 1999 | |
|---|---|
| $ | |
| Net surplus for the year | 79,454 |
| Revaluation of fixed assets | (64,625) |
| Total recognised revenues and expenses for the year | 14,829 |
OTHER MOVEMENTS
| 2000 | |
|---|---|
| $ | |
| Distribution to owners | 3 (45,000) |
| 1999 | |
|---|---|
| $ | |
| Distribution to owners | (20,000) |
EQUITY AT THE END OF THE YEAR
| 2000 | |
|---|---|
| $ | |
| 4,733,139 |
| 1999 | |
|---|---|
| $ | |
| 8,386,015 |
Due to the change in methodology required by the Electricity (Information Disclosure) Regulations (1999), 100% of the equity was brought into the accounts in 1999.
An adjustment was also made through equity to account for the movements using the avoidable cost methodology.
The accompanying notes and policies form an integral part of these statements.
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Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 2000, No 125
Gazette.govt.nz —
NZ Gazette 2000, No 125
✨ LLM interpretation of page content
🏭
Statement of Movements in Equity for ScanPower Limited
(continued from previous page)
🏭 Trade, Customs & Industry8 September 2000
Equity, Financial Statements, Surplus, Revaluation, Distribution to Owners, Electricity Information Disclosure, Avoidable Cost Methodology