✨ Financial Statements
NEW ZEALAND GAZETTE
26 JUNE
Statement of financial performance
for the year ended 31 March 2000
| Note | 2000
| $000 | 1999
| $000 |
|------|----------|----------|
| Operating revenue | 2 | 19,140 | 20,949 |
| Discount | | (7,240) | (6,761) |
| Operating expense | 2 | (10,591) | (11,080) |
| Earnings Before Interest and Tax | | 1,309 | 3,108 |
| Interest Expense | | (753) | (562) |
| Net profit before taxation | | 556 | 2,546 |
| Taxation | 3 | - | - |
| Net profit after taxation | | $556 | $2,546 |
Statement of movements in equity
for the year ended 31 March 2000
| Note | 2000
| $000 | 1999
| $000 |
|------|----------|----------|
| Equity at beginning of the year | | 63,416 | 61,415 |
| Net profit after taxation for the year | | 556 | 2,546 |
| Revaluation of assets | | (362) | 5,375 |
| Total recognised revenues and expenses | | 194 | 8,121 |
Other movements
| Share repurchase | | (12,000) | - |
| Total dividend | 4 | (200) | (161) |
| Net assets transferred on the discontinuance of the energy business | | - | 4,158 |
| Reallocation of funding and other current liabilities | | - | (10,117) |
| Funds transferred from non-line business activities | | 313 | - |
| Total other movements | | (11,887) | (6,120) |
| Equity at end of the year | | $51,723 | $63,416 |
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Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 2000, No 69
Gazette.govt.nz —
NZ Gazette 2000, No 69
✨ LLM interpretation of page content
💰 Statement of financial performance
💰 Finance & RevenueFinancial Performance, Revenue, Expenses, Profit, Taxation
💰 Statement of movements in equity
💰 Finance & RevenueEquity, Net Profit, Revaluation, Dividend, Asset Transfer