New Zealand Gazette – 2002 – No. 95

Page 2575

✨ Financial Statements



9 AUGUST
NEW ZEALAND GAZETTE
2575

THE LINES COMPANY LIMITED-LINE BUSINESS ACTIVITY

Statement of Financial Performance
For the Year Ended 31 March 2002

Note 2002 $000's 2001 $000's
Operating Revenue 18,724 17,581
Customer discount (6,600) (5,369)
Net Revenue after Discount 12,124 12,212
Operating Expenditure (10,593) (9,640)
Operating surplus before Interest & Tax 1,531 2,571
Interest Expense on Borrowings 808 846
Operating surplus before income tax 723 1,725
Tax Expense (153) 163
Net surplus after Tax 875 1,562

Statement of Movement of Equity
For the Year Ended 31 March 2002

2002 $000's 2001 $000's
Equity at Beginning of Year 47,355 41,184
Surplus retained for the Year 875 1,562
Revaluation of fixed assets (5,733) 4,608
Total Recognised Revenue and Expenses (4,858) 6,170
Dividends (132) -
Total Distribution to Owners (132) -
Equity at Year End 42,365 47,355


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Online Sources for this page:

VUW Te Waharoa — PDF NZ Gazette 2002, No 95


Gazette.govt.nz — PDF NZ Gazette 2002, No 95




✨ LLM interpretation of page content

🏭 Certification of Financial Statements for The Lines Company Limited (continued from previous page)

🏭 Trade, Customs & Industry
31 July 2002
Financial Statements, Certification, Electricity, Performance Measures, The Lines Company Limited