New Zealand Gazette – 2002 – No. 111

Page 2960

✨ Financial Statements



2960

NEW ZEALAND GAZETTE

No. 111

NOTES TO AND FORMING PART OF THE FINANCIAL STATEMENTS
For the Year Ended 31 March 2002

Line Business
2002 2001
$000's $000's

  1. Operating Revenue
    Line Charges 25,344 23,815
    Loss Rental Rebate 1,607 1,562
    Line Contributions 796 1,342
    Interest Received 50 128
    Sundry Income 23 13
    $27,820 $26,860

  2. Operating Surplus Before Tax After Charging:
    Bad Debts Written Off - -
    Depreciation 3,806 3,789
    Directors' Fees 82 76
    Interest 23 4
    Rental and Operating Lease Costs 1 3
    Research and Development 23 7
    Donations - -
    Gain (Loss) on Sale of Assets - -

  3. Auditors' Remuneration
    Auditing Financial Statements 12 15
    Other Services 3 3

  4. Taxation
    Operating Surplus Before Taxation 7,346 6,955

    Prima Facie Taxation @ 33% 2,424 2,298
    Plus Tax Effect of Permanent Differences:-
    Permanent Differences 955 1,191
    Timing differences not recognised (1,093) (1,258)
    Prior Period Adjustment 128 -
    Deferred Tax Adjustment - -
    $2,414 $2,231

    The Taxation Charge is Represented by:-
    Current Taxation 2,414 2,231
    Deferred Taxation - -
    $2,414 $2,231

    Imputation Credit Account:
    Opening Balance 4,511 3,674
    Imputation Credits Attached to Dividends Paid (1,477) (2,463)
    Income Tax Payments During Year 2,090 3,300
    $5,124 $4,511



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Online Sources for this page:

VUW Te Waharoa — PDF NZ Gazette 2002, No 111


Gazette.govt.nz — PDF NZ Gazette 2002, No 111




✨ LLM interpretation of page content

🏭 Northpower Limited's Statement of Cash Flows - Line Business (continued from previous page)

🏭 Trade, Customs & Industry
Financial Statement, Cash Flows, Operating Activities, Investing Activities, Financing Activities, Northpower Limited, Electricity