New Zealand Gazette – 2002 – No. 97

Page 2663

✨ Financial Statements



Electra Limited

Line Business - Statement of financial performance

for the year ended 31 March 2002

| Note | 2002
$000 | 2001
$000 |
|------|--------------|--------------|
| Operating revenue | 2 | 21,138 | 20,080 |
| Discount | | (6,951) | (7,151) |
| Operating expense | 2 | (11,552) | (11,098) |
| Earnings Before Interest and Tax | | 2,635 | 1,801 |
| Interest Expense | | (639) | (772) |
| Net profit before taxation | | 1,996 | 1,029 |
| Taxation | 3 | - | - |
| Net profit after taxation | | $1,996 | $1,029 |

Electra Limited

Line Business - Statement of movements in equity

for the year ended 31 March 2002

| Note | 2002
$000 | 2001
$000 |
|------|--------------|--------------|
| Equity at beginning of the year | | 63,758 | 51,723 |
| Net profit for the year | | 1,996 | 1,029 |
| Revaluation of assets | 6 | (606) | 10,383 |
| Total recognised revenues and expenses | | 1,390 | 11,412 |

| Other movements |
|-----------------|---------------|---------------|
| Dividends | 4 | (190) | (50) |
| Funds transferred from non-line business activities | | 575 | 673 |
| Total other movements | | 385 | 623 |

| Equity at end of the year | | $65,533 | $63,758 |

The notes on pages 5 to 18 form part of these financial statements



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Online Sources for this page:

VUW Te Waharoa — PDF NZ Gazette 2002, No 97


Gazette.govt.nz — PDF NZ Gazette 2002, No 97




✨ LLM interpretation of page content

💰 Electra Limited Line Business Financial Performance Statement

💰 Finance & Revenue
Financial Performance, Operating Revenue, Net Profit, Taxation

💰 Electra Limited Line Business Statement of Movements in Equity

💰 Finance & Revenue
Equity Movements, Dividends, Revaluation, Funds Transfer