β¨ 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 β 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 —
NZ Gazette 2003, No 115
Gazette.govt.nz —
NZ Gazette 2003, No 115
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Powerco Limited Financial Statements
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π Trade, Customs & Industry21 August 2003
Electricity, Financial Statements, Equity, Liabilities, Assets, Powerco Limited