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New Zealand Gazette – 2003 – No. 162

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✨ Financial Statements

NEW ZEALAND GAZETTE

No. 162

TRANSPOWER NEW ZEALAND LIMITED LINES BUSINESS

STATEMENT OF FINANCIAL PERFORMANCE

FOR THE YEAR ENDED 30 JUNE 2003

	LINES BUSINESS	LINES BUSINESS
	2003	2002
	$000	$000

Notes

Operating revenue | 2 | 441,288 | 470,273 |
Operating expenses | 3 | 294,557 | 291,446 |

Net finance costs | 5 | 146,731 | 178,827 |
| | 78,714 | 81,536 |

Surplus from operations before tax and revaluation | | 68,017 | 97,291 |
Transfer from asset revaluation reserve | 13 | (33,208) | (64,228) |

Surplus from operations before tax | | 34,809 | 61,579 |
Tax expense | 6 | 16,360 | 24,150 |

Operating surplus after tax | | 18,449 | 137,429 |

Net surplus attributable to shareholders | | 18,449 | 137,429 |

These statements are to be read in conjunction with the accompanying notes.

VUW Te Waharoa — NZ Gazette 2003, No 162

Gazette.govt.nz — NZ Gazette 2003, No 162

Parliament House (depicted) was completed in 1918 and remains the primary seat of Parliament.

✨ LLM interpretation of page content

🏭 Transpower New Zealand Limited Lines Business Financial Performance Statement (continued from previous page)

Domain🏭 Trade, Customs & Industry
KeywordsFinancial performance, Operating revenue, Operating expenses, Net finance costs, Surplus, Tax expense

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