Financial Statements




29 MAY NEW ZEALAND GAZETTE 1231

TRANSALTA NEW ZEALAND LIMITED Statement of Movements in Equity
For the Year Ended 31 March 1999

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

Shareholders’ funds at beginning of period 18,788 17,542 514 442
Issuance/Reallocation of share capital (17,199) 645 - 588
Increase in revaluation reserve 7 - - 317 -
Earnings before capital note interest 5,065 4,055 (729) (235)
Capital notes interest distribution net of income tax (877) (877) - -
Dividend paid (5,777) (2,577) - (281)
Shareholders’ funds at end of period - 18,788 102 514

Capital notes at beginning of period 13,301 13,267 - 34
(Repayment)/reallocation of capital notes (13,301) 34 - (34)
Capital notes at end of period - 13,301 - -

Shareholders’ funds and capital notes at end of period - 32,089 102 514

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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Equity, Shareholders, Capital Notes, Financial Statements, TransAlta New Zealand Limited