✨ Financial Statements




6 SEPTEMBER NEW ZEALAND GAZETTE 3545

CENTRALINES LIMITED - LINES BUSINESS

STATEMENT OF MOVEMENTS IN EQUITY

FOR THE YEARS ENDED 31 MARCH

| Notes | 2002
| $'000 | 2001
| $'000 |
|----------------------|---------------|---------------|
| EQUITY AT BEGINNING OF THE YEAR | 33,594 | 32,949 |
| Adjustment to equity | (1,564) | |
| SURPLUS AND REVALUATIONS | 32,030 | 32,949 |
| Net surplus for the year | 118 | 695 |
| Revaluation of fixed assets | 3 (4,601) | 0 |
| Total recognised revenues and expenses for the year | (4,483) | 695 |

OTHER MOVEMENTS

| Distribution to owners | 3 (80) | (50) |

| EQUITY AT THE END OF THE YEAR | 27,467 | 33,594 |

- An adjustment has been made through equity in 2002 to account for the transfers to the Other Business of short and long-term investments as required by the avoidable cost methodology.

The accompanying notes and policies form an integral part of these statements



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Online Sources for this page:

VUW Te Waharoa PDF NZ Gazette 2002, No 132


Gazette.govt.nz PDF NZ Gazette 2002, No 132





✨ LLM interpretation of page content

🏭 Statement of Movements in Equity for Centralines Limited Lines Business (continued from previous page)

🏭 Trade, Customs & Industry
Equity, Financial Performance, Revenue, Expenses, Centralines Limited