New Zealand Gazette – 2002 – No. 106

Page 2866

✨ Financial Statements



2866

NEW ZEALAND GAZETTE

No. 106

Statement of Financial Performance for the Year Ended 31 March 2002 - Continued

Note 2002 $ 2001 $
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 0
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 67,227 49,223
Other expenditure not listed above 5,088,342 5,939,966
Total operating expenditure 1,168,486 1,912,354

Operating surplus before interest and income tax

Note 2002 $ 2001 $
Interest expense
Interest expense on borrowings 0 0
Financing charges related to finance leases 0 0
Other interest expense 0 10,890
Total interest expense 0 10,890

Operating surplus before income tax

Note 2002 $ 2001 $
Income tax 5 769,560
Net surplus after tax 398,926

Network Waitaki Limited (Lines)

Statement of Movements in Equity for the Year Ended 31 March 2002

Note 2002 $ 2001 $
Equity at the Beginning of the Year 43,739,990 42,887,368
Net Surplus (Deficit) for the Period 398,926 837,467
Revaluation (1,560,000) 125,155
Total Recognised Revenue and Expenses (1,161,075) 962,622
Dividends Paid (45,000) (110,000)
Equity at the End of the Year 42,533,916 43,739,990


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Online Sources for this page:

VUW Te Waharoa — PDF NZ Gazette 2002, No 106


Gazette.govt.nz — PDF NZ Gazette 2002, No 106




✨ LLM interpretation of page content

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

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