✨ Financial Statements
16 AUGUST
NEW ZEALAND GAZETTE
2815
Counties Power Limited – Line Business
STATEMENT OF FINANCIAL PERFORMANCE
For the Year ended 31 March 2002
| Notes | 31 March 2002 | 31 March 2001 | |
|---|---|---|---|
| $000 | $000 | ||
| TOTAL OPERATING REVENUE | (2) | 25,741 | 25,364 |
| TOTAL OPERATING EXPENDITURE | (3) | (20,936) | (20,257) |
| OPERATING SURPLUS BEFORE INTEREST AND INCOME TAX | 4,805 | 5,107 | |
| INTEREST EXPENSE | (3) | (414) | (406) |
| OPERATING SURPLUS BEFORE INCOME TAX | 4,391 | 4,701 | |
| INCOME TAX CREDIT/(CHARGE) | (4) | 1,589 | (936) |
| NET SURPLUS AFTER TAX | 5,980 | 3,765 |
STATEMENT OF MOVEMENTS IN EQUITY
For the Year Ended 31 March 2001
| 31 March 2002 | 31 March 2001 | |
|---|---|---|
| $000 | $000 | |
| EQUITY AT BEGINNING OF YEAR | 75,065 | 38,438 |
| Revaluation of Fixed Assets | (6) | - |
| Increase in Revaluation Reserve | (6) | 7,251 |
| Net Profit for Year | 5,980 | |
| Total Recognised Revenues and Expenses | 13,231 | |
| Dividend | (750) | |
| EQUITY AT END OF YEAR | 87,546 |
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Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 2002, No 104
Gazette.govt.nz —
NZ Gazette 2002, No 104
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Counties Power Limited Financial Performance
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🏭 Trade, Customs & Industry2 August 2002
Electricity, Financial Performance, Revenue, Expenditure, Surplus, Tax, Equity