New Zealand Gazette – 2002 – No. 88

Page 2342

✨ Financial Statements



NEW ZEALAND GAZETTE

No. 88

WAIPA NETWORKS LIMITED - LINES BUSINESS

STATEMENT OF FINANCIAL PERFORMANCE

FOR THE YEAR ENDED 31 MARCH 2002

Note 2002
$
REVENUE 11,867,272
LESS DISCOUNT 2,876,477
NET REVENUE 8,990,795
2001
$
REVENUE 11,391,342
LESS DISCOUNT -
NET REVENUE 11,391,342

| NET SURPLUS BEFORE TAX | 2 | 1,000,829 | 3,452,819
| LESS TAXATION EXPENSE | 3 | 316,199 | 1,151,348

| NET SURPLUS AFTER TAX | | 684,630 | 2,301,471

STATEMENT OF MOVEMENTS IN EQUITY

FOR THE YEAR ENDED 31 MARCH 2002

2002 2001
$ $
EQUITY AS AT 1 APRIL 2001 38,387,621 37,942,711
NET SURPLUS FOR YEAR 684,630 2,301,471
REVALUATION OF ASSETS 5 1,149,917

| TOTAL RECOGNISED REVENUE AND EXPENSES FOR THE YEAR | 1,834,547 | 2,301,471

| INTERIM DIVIDEND DECLARED | 6 | - | 921,000
| PROVISION FOR DIVIDEND | 6 | - | 229,735
| REPURCHASE OF SHARES | 4, 5 | - | 705,826

| EQUITY AS AT 31 MARCH 2002 | 40,222,168 | 38,387,621

The accompanying notes form part of these financial statements.



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Online Sources for this page:

VUW Te Waharoa — PDF NZ Gazette 2002, No 88


Gazette.govt.nz — PDF NZ Gazette 2002, No 88




✨ LLM interpretation of page content

🏭 Certification of Valuation Report of Line Owners by Waipa Networks Limited (continued from previous page)

🏭 Trade, Customs & Industry
12 July 2002
Electricity, Valuation Report, Line Owners, Financial Statements, Waipa Networks Limited

🏭 Statement of Financial Performance for Waipa Networks Limited

🏭 Trade, Customs & Industry
Financial Performance, Revenue, Taxation, Net Surplus, Waipa Networks Limited

🏭 Statement of Movements in Equity for Waipa Networks Limited

🏭 Trade, Customs & Industry
Equity, Financial Movements, Dividends, Revaluation, Waipa Networks Limited