New Zealand Gazette – 2003 – No. 110

Page 2899

✨ Financial Statements



Electra Limited

Line Business - Statement of financial performance

for the year ended 31 March 2003

| Note | 2003
| $000 | 2002
| $000 |
|------|----------------|----------------|
| | Operating revenue | 21,255 | 21,138 |
| | Discount | (6,955) | (6,951) |
| 2 | Operating expense | (12,013) | (11,552) |
| | Earnings Before Interest and Tax | 2,287 | 2,635 |
| | Interest Expense | (950) | (639) |
| | Net profit before taxation | 1,337 | 1,996 |
| 3 | Taxation | - | - |
| | Net profit after taxation | $1,337 | $1,996 |

Electra Limited

Line Business - Statement of movements in equity

for the year ended 31 March 2003

| Note | 2003
| $000 | 2002
| $000 |
|------|-----------------|----------------|
| | Equity at beginning of the year | 65,533 | 63,758 |
| | Net profit for the year | 1,337 | 1,996 |
| 6 | Revaluation of assets | 736 | (606) |
| | Total recognised revenues and expenses | 2,073 | 1,390 |

Other movements

| | Dividends | (160) | (190) |
| | Funds transferred from non-line business activities | (732) | 575 |
| | Total other movements | (892) | 385 |
| | Equity at end of the year | $66,714 | $65,533 |

The notes on pages 5 to 17 form part of these financial statements.



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Online Sources for this page:

VUW Te Waharoa — PDF NZ Gazette 2003, No 110


Gazette.govt.nz — PDF NZ Gazette 2003, No 110




✨ LLM interpretation of page content

💰 Electra Limited Financial Performance Statement

💰 Finance & Revenue
Financial Performance, Revenue, Expenses, Profit, Taxation

💰 Electra Limited Statement of Movements in Equity

💰 Finance & Revenue
Equity, Net Profit, Revaluation, Dividends, Funds Transfer