✨ Financial Statements
2200 NEW ZEALAND GAZETTE No. 85
HAWKE'S BAY NETWORK LIMITED - LINES BUSINESS
STATEMENT OF FINANCIAL PERFORMANCE
For The Year Ended 31 March 2001
| Notes | 2001
| $000 | 2000
| $000 |
OPERATING REVENUE | 4,18 | 33,287 | 32,056 |
OPERATING SURPLUS BEFORE NON OPERATING COSTS AND TAXATION | 4,18 | 4,551 | 5,605 |
Non Operating Costs | 4 | (933) | (2,113) |
OPERATING SURPLUS (DEFICIT) BEFORE TAXATION | | 3,618 | 3,492 |
Taxation Expense | 3 | 964 | 20 |
NET SURPLUS | | 2,654 | 3,472 |
HAWKE'S BAY NETWORK LIMITED - LINES BUSINESS
STATEMENT OF MOVEMENTS IN EQUITY
For The Year Ended 31 March 2001
| | 2001
| $000 | 2000
| $000 |
Equity at 1 April 2000 | | 114,870 | 103,169 |
Net Surplus (Deficit) | | 2,654 | 3,472 |
Revaluation Of Network Assets | | 13,960 | - |
Revaluation Of Land | | - | (154) |
Deferred Taxation in Respect Of Revaluation | | - | 8,383 |
Total recognised revenues and expenses for the year | | 16,614 | 11,701 |
Dividends Paid | | - | - |
Equity at 31 March | | 131,484 | 114,870 |
The accompanying Statement of Accounting Policies and Notes form part of and are to be read in conjunction with these Financial Statements. The Financial Statements have been prepared solely for the purpose of complying with regulations 6(2) and 6(3) of the Electricity (Information Disclosure) Regulations 1999.
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Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 2001, No 85
Gazette.govt.nz —
NZ Gazette 2001, No 85
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