New Zealand Gazette – 2001 – No. 110

Page 2839

✨ Financial Statements



31 AUGUST NEW ZEALAND GAZETTE 2839

WEL NETWORKS LIMITED

Statement of Financial Performance

For the year ended 31 March 2001

Line Business Note 2001 ($000s) 2000 ($000s)
Total revenue 1 52,327 54,993
Operating expenses 2 (28,152) (29,436)
Operating surplus before interest & taxation 24,175 25,557
Interest expense 3 (3) (40)
Operating surplus before taxation 24,172 25,517
Taxation expense 4 (9,265) (9,273)
Surplus attributable to the shareholders of the parent company 14,907 16,244

Statement of Movements in Equity

For the year ended 31 March 2001

Line Business Note 2001 ($000s) 2000 ($000s)
Equity as at 1 April 226,906 224,656
Net Surplus for the year 14,907 16,244
Revaluation of Assets 5 7,372 -
Total Recognised Revenue and Expenses 22,279 16,244
Dividends (10,573) (13,994)
Transfer to Other Business (80,450) -
(91,023) (13,994)
Equity as at 31 March 158,162 226,906


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Online Sources for this page:

VUW Te Waharoa — PDF NZ Gazette 2001, No 110


Gazette.govt.nz — PDF NZ Gazette 2001, No 110




✨ LLM interpretation of page content

🏭 Financial Performance and Equity Movements for WEL Networks Limited (continued from previous page)

🏭 Trade, Customs & Industry
31 March 2001
Financial Performance, Equity Movements, Revenue, Expenses, Dividends, WEL Networks