Financial Statements Notes




28 MAY NEW ZEALAND GAZETTE 1205

2.3 NOTES TO AND FORMING PART OF THE FINANCIAL STATEMENTS

(con’t)

4 Taxation

Current period taxation charge

($'000)
Operating loss before taxation (346)
($'000)
Taxation at 33% (114)
Permanent differences -
Net benefit of tax losses transferred from group companies purchased via subvention payments -
Timing differences not recognised -
(114)

The taxation charge is represented by:

($'000)
Future income tax benefit (114)
(114)

Future income tax benefit reconciliation

($'000)
Opening balance 1 April 2000 -
Current year tax charge movement (114)
Closing balance 31 December 2000 (114)

5 Share capital

6 Reserves

Other reserves

Opening balance 1 April 2000
Closing balance 31 December 2000

Retained earnings

($'000)
Opening balance 1 April 2000 -
Transferred from statement of financial performance (232)
Closing balance 31 December 2000 (232)

Total reserves

($'000)
(232)


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Online Sources for this page:

VUW Te Waharoa PDF NZ Gazette 2001, No 53


Gazette.govt.nz PDF NZ Gazette 2001, No 53





✨ LLM interpretation of page content

🏭 Notes to Financial Statements for 9 months ended 31 December 2000 (continued from previous page)

🏭 Trade, Customs & Industry
Financial Statements, Taxation, Share Capital, Reserves, Retained Earnings, Operating Loss, Taxation Charge, Future Income Tax Benefit