β¨ Financial Statements
NEW ZEALAND GAZETTE
No. 93
TOP ENERGY LIMITED
NOTES TO THE FINANCIAL STATEMENTS
NOTES TO THE SPECIAL PURPOSE FINANCIAL STATEMENTS
FOR THE 12 MONTHS ENDED 31 MARCH 2000
| LINE BUSINESS | ||
|---|---|---|
| 2000 | 1999 | |
| 1. INCOME | ||
| Electricity Line revenue | 15,865,589 | 12,835,182 |
| AC loss rental rebate | 333,104 | 519,343 |
| Capital contributions | 332,815 | 284,181 |
| Total income | 16,531,508 | 13,638,706 |
NET PROFIT BEFORE TAXATION
The net profit before taxation is stated after charging:
| 2000 | 1999 | |
|---|---|---|
| Loss/(Profit) on disposal of | ||
| fixed assets | 95,116 | (34,789) |
| Depreciation | 452,620 | 356,484 |
| Auditors - audit services | 21,451 | 14,988 |
| - other services | 6,393 | 8,802 |
| Directors' fees | 92,000 | 98,875 |
| Bad debts | - | - |
| Doubtful debts | - | - |
| Infrastructural maintenance | ||
| adjustment | (200,440) | 174,713 |
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Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 2000, No 93
Gazette.govt.nz —
NZ Gazette 2000, No 93
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Notes to the Special Purpose Financial Statements of Top Energy Limited
(continued from previous page)
ποΈ Infrastructure & Public WorksFinancial Statements, Accounting Policies, Financial Instruments, Off-Balance Sheet Risk, Interest Exposure, Top Energy Limited