✨ Financial Statements
ALPINE ENERGY LIMITED (LINES)
Financial Statements Prepared in Accordance with the Electricity (Information Disclosure) Regulations
Statement of Financial Performance for the Year Ended 31 March 2001 - Continued
| Note | 2001
$'000 | 2000
$'000 |
|------|----------------|
| | Directors' fees | 127 | 149 |
| | Auditors' fees |
| | Audit fees paid to principal auditors | 29 | 27 |
| | Audit fees paid to other auditors | 0 | 0 |
| | Fees paid for other services provided by principal and other auditors | 3 | 10 |
| | Total auditors' fees | 32 | 37 |
| | Costs of offering credit |
| | Bad debts written off | 0 | 13 |
| | Increase in estimated doubtful debts | 0 | 0 |
| | Total cost of offering credit | 0 | 13 |
| | Local authority rates expense | 10 | 8 |
| | AC loss-rentals (distribution to retailers/customers) expense | 0 | 0 |
| | Rebates to consumers due to ownership interest | 0 | 0 |
| | Subvention payments | 0 | 0 |
| | Unusual expenses | 0 | 0 |
| | Other expenditure not listed above | 87 | 156 |
| | Total operating expenditure | 15,425 | 14,878 |
| | Operating surplus before interest and income tax | 9,754 | 6,828 |
| | Interest expense |
| | Interest expense on borrowings | 0 | 0 |
| | Financing charges related to finance leases | 0 | 0 |
| | Other interest expense | 0 | 0 |
| | Total interest expense | 0 | 0 |
| | Operating surplus before income tax | 9,754 | 6,828 |
| 2 | Income tax | (3,590) | (2,101) |
| | Net surplus after tax | 6,164 | 4,727 |
Statement of Movements in Equity for the Year Ended 31 March 2001
| | 2001
$'000 | 2000
$'000 |
|----------------|----------------|
| Equity at the Beginning of the Year | 74,513 | 73,095 |
| Net Surplus (Deficit) for the Period | 6,164 | 4,727 |
| Revaluation | (3,014) | 0 |
| Total Recognised Revenue and Expenses | 3,150 | 4,727 |
| Dividends Paid | (4,704) | (3,309) |
| Transfer on Disposal of Assets | 3,250 | 0 |
| Equity at the End of the Year | 76,209 | 74,513 |
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Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 2001, No 93
Gazette.govt.nz —
NZ Gazette 2001, No 93
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Alpine Energy Limited Financial Statements
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