New Zealand Gazette – 2003 – No. 127

Page 3427

✨ Financial Statements



5 SEPTEMBER

NEW ZEALAND GAZETTE

3427

WESTPOWER LIMITED - LINES BUSINESS

STATEMENT OF FINANCIAL PERFORMANCE

FOR THE YEAR ENDED 31 MARCH 2003

Note 2003 $ '000 2002 $ '000
Revenue 1 14,872
Total Expenses 2 7,934
Net Surplus before Interest and Tax 6,938
Interest 451
Net Surplus before Income Tax 6,487
Less Taxation Expense 3 1,216
NET SURPLUS AFTER TAX 5,271

STATEMENT OF MOVEMENTS IN EQUITY

FOR THE YEAR ENDED 31 MARCH 2003

Equity as at 1 April 2002 50,345 40,869
Net Surplus for Year 5,271 2,946
Revaluation of Assets (867) 435
Total Recognised Revenue and Expenses 4,404 3,381
Inclusion of Investment in Subsidiary - -
Inclusion of Other Business due to below 5% - 1,095
Contributions by Owners - 5,000
Dividend Paid (156) -
Equity as at 31 March 2003 54,593 50,345

The accompanying notes form part of these financial statements



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Online Sources for this page:

VUW Te Waharoa — PDF NZ Gazette 2003, No 127


Gazette.govt.nz — PDF NZ Gazette 2003, No 127




✨ LLM interpretation of page content

🏭 Westpower Limited Financial Performance and Equity Movements (continued from previous page)

🏭 Trade, Customs & Industry
Financial Statements, Revenue, Expenses, Net Surplus, Taxation, Equity, Revaluation, Dividends