New Zealand Gazette – 2001 – No. 80

Page 1880

✨ Financial Statements



1880
NEW ZEALAND GAZETTE
No. 80

Statement of Financial Performance for the Year Ended 31 March 2001 - Continued

Note 2001 $ 2000 $
Costs of offering credit
Bad debts written off 0 0
Increase in estimated doubtful debts 0 0
Total cost of offering credit 0 0
Local authority rates expense 0 8,779
AC loss-rentals (distribution to retailers/customers) expense 0 0
Rebates to consumers due to ownership interest 0 0
Subvention payments 0 10,676
Unusual expenses 0 105,416
Other expenditure not listed above 49,223
Total operating expenditure 5,939,966 6,267,490
Operating surplus before interest and income tax 1,912,354 3,131,912
Interest expense
Interest expense on borrowings 0 28,153
Financing charges related to finance leases 0 0
Other interest expense 10,890 0
Total interest expense 10,890 28,153
Operating surplus before income tax 1,901,464 3,103,759
Income tax 5 1,063,997
Net surplus after tax 837,467 1,818,226

Network Waitaki Limited (Lines)

Statement of Movements in Equity for the Year Ended 31 March 2001

Note 2001 $ 2000 $
Equity at the Beginning of the Year 42,887,368 12,651,759
Net Surplus (Deficit) for the Period 837,467 1,818,226
Revaluation 125,155 29,917,383
Total Recognised Revenue and Expenses 962,622 31,735,609
Dividends Paid (110,000) (1,500,000)
Equity at the End of the Year 43,739,990 42,887,368


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Online Sources for this page:

VUW Te Waharoa — PDF NZ Gazette 2001, No 80


Gazette.govt.nz — PDF NZ Gazette 2001, No 80




✨ LLM interpretation of page content

🏭 Financial Statements for Network Waitaki Limited (continued from previous page)

🏭 Trade, Customs & Industry
Electricity, Financial Statements, Information Disclosure, Network Waitaki, Regulations