Financial Statement




NEW ZEALAND GAZETTE

No. 57

TRANSALTA NEW ZEALAND LIMITED

Statement of Financial Performance

For the Year Ended 31 March 1999

Notes Distribution Retail
31-Mar-99 31-Mar-98
$000 $000

Revenue

Operating revenue
12,448
13,397
9,983
11,303

Other income
3
264
180
163
181

Total
12,712
13,577
10,146
11,484

Expenses

Purchases and transmission


8,757
10,027

Operating
4
1,818
3,224
2,154
1,753

Depreciation
1,437
1,890
400
93

Total
3,255
5,114
11,311
11,873

Operating earnings
9,457
8,463
(1,165)
(389)

Less net funding costs
4
1,188
2,109

(16)

Earnings before income tax and capital note interest
8,269
6,354
(1,165)
(373)

Income tax
5
3,204
2,299
(436)
(138)

Earnings before capital notes interest
5,065
4,055
(729)
(235)

Capital note interest distribution net of income tax
877
877

Earnings for the period
4,188
3,178
(729)
(235)

The attached notes form an integral part of, and should be read in conjunction with, these financial statements.

The information disclosed in the 1999 Information Disclosure package issued by TransAlta New Zealand Limited has been prepared solely for the purposes of the Gas (Information Disclosure) Regulations 1997.

The information should not be used for any other purpose than that intended under the regulations.



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Online Sources for this page:

VUW Te Waharoa PDF NZ Gazette 2000, No 57


Gazette.govt.nz PDF NZ Gazette 2000, No 57





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🏭 Statement of Financial Performance for TransAlta New Zealand Limited (continued from previous page)

🏭 Trade, Customs & Industry
Financial Performance, Revenue, Expenses, TransAlta New Zealand Limited