New Zealand Gazette – 2002 – No. 108

Page 2909

✨ Financial Statements



ELECTRICITY ASHBURTON LIMITED - LINES BUSINESS

STATEMENT OF FINANCIAL PERFORMANCE

FOR THE YEAR ENDED 31 MARCH 2002

Note 2002 2001
REVENUE
Line Charges 2 15,613,897 14,890,513
Other 470,150 371,587
16,084,047 15,262,100

OPERATING EXPENDITURE

3 10,386,049 10,081,720
Transmission Charges 4,416,966 4,432,674
Other 5,969,083 5,649,046
10,386,049 10,081,720

OPERATING SURPLUS before Deferred Discount

| | | 5,697,998 | 5,180,380 |

| Customer Deferred Discount | 5 | 4,948,042 | 3,094,971 |

OPERATING SURPLUS before Taxation

| | | 749,956 | 2,085,409 |

| Taxation | 4 | 1,022,471 | 1,413,908 |
| | | (272,515) | 671,501 |

ELECTRICITY ASHBURTON LIMITED – LINES BUSINESS

STATEMENT OF MOVEMENT IN EQUITY

FOR THE YEAR ENDED 31 MARCH 2002

2002 2001
EQUITY AT START OF YEAR 67,508,018 59,435,129
Operating Surplus after Taxation (272,515) 671,501
Prior Year Adjustment Deferred Taxation 0 (43,652)
Distribution System Revaluation 626,724 3,497,613
Total Recognised Revenue and Expenses for the Period 354,209 4,125,462

Other Movements

| Prior Year Adjustment - Shareholding | 0 | 3,910,527 |
| Shares Issued - Shareholding | (27,900) | 36,900 |
| | 67,834,327 | 67,508,018 |

The accompanying notes form part of these financial statements



Next Page →



Online Sources for this page:

VUW Te Waharoa — PDF NZ Gazette 2002, No 108


Gazette.govt.nz — PDF NZ Gazette 2002, No 108




✨ LLM interpretation of page content

🏭 Certification of Financial Statements and Performance Measures (continued from previous page)

🏭 Trade, Customs & Industry
31 July 2002
Electricity, Financial Statements, Performance Measures, Certification, Ashburton

🏭 Electricity Ashburton Limited - Lines Business Financial Performance

🏭 Trade, Customs & Industry
Electricity, Financial Performance, Revenue, Expenditure, Ashburton

🏭 Electricity Ashburton Limited - Lines Business Movement in Equity

🏭 Trade, Customs & Industry
Electricity, Equity, Financial Statements, Ashburton