✨ Financial Statements




POWERCO

ELECTRICITY DIVISION

Statement of Movements in Equity

For the year ended 31 March 2003

Notes 31 March 2003 31 March 2002
$'000 $'000

Opening Balance | | 256,629 | 253,759 |

Operating surplus attributable to the shareholders | 40,030 | 29,153 |

Total recognised revenue and expenses for the year | 40,030 | 29,153 |

Distributions to shareholders:
Dividends – paid | (30,776) | (26,283) |

Ordinary Share issue | 66,679 | - |

Equity adjustment | 110,303 | - |

Closing Balance | $442,865 | $256,629 |



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Online Sources for this page:

VUW Te Waharoa PDF NZ Gazette 2003, No 115


Gazette.govt.nz PDF NZ Gazette 2003, No 115





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🏭 Powerco Limited Financial Statements (continued from previous page)

🏭 Trade, Customs & Industry
21 August 2003
Electricity, Financial Statements, Equity, Liabilities, Assets, Powerco Limited