New Zealand Gazette – 2003 – No. 79

Page 2094

✨ Financial Statements



NEW ZEALAND GAZETTE

No. 79

WAIPA NETWORKS LIMITED - LINES BUSINESS

STATEMENT OF FINANCIAL PERFORMANCE

FOR THE YEAR ENDED 31 MARCH 2003

| Note | 2003
| $
|------|-----------
| Revenue | 12,596,571
| Less Discounts | 3,177,215
| Net Revenue | 9,419,356
| Net Operating Surplus Before Taxation | 2 | 870,651
| Less Taxation Expense | 3 | 232,126
| Net Surplus | 638,525

Comparative figures for 2002:

| | 2002
| | $
| Revenue | 11,867,272
| Less Discounts | 2,876,477
| Net Revenue | 8,990,795
| Net Operating Surplus Before Taxation | 1,000,829
| Less Taxation Expense | 316,199
| Net Surplus | 684,630

STATEMENT OF MOVEMENTS IN EQUITY

FOR THE YEAR ENDED 31 MARCH 2003

| | 2003
| | $
| Equity as at 1 April 2002 | 40,222,168
| Net Surplus | 638,525
| Revaluation of Assets | 5 | -
| Total Recognised Revenue and Expenses for the Year | 638,525
| Equity as at 31 March 2003 | 40,860,693

Comparative figures for 2002:

| | 2002
| | $
| Equity as at 1 April 2001 | 38,387,621
| Net Surplus | 684,630
| Revaluation of Assets | 5 | 1,149,917
| Total Recognised Revenue and Expenses for the Year | 1,834,547
| Equity as at 31 March 2002 | 40,222,168

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 79


Gazette.govt.nz — PDF NZ Gazette 2003, No 79




✨ LLM interpretation of page content

🏗️ Certification of Valuation Report of Line Owners (continued from previous page)

🏗️ Infrastructure & Public Works
24 June 2003
Electricity, Valuation Report, Line Owners, Waipa Networks Limited, Certification

🏗️ Financial Performance Statement for Waipa Networks Limited

🏗️ Infrastructure & Public Works
Financial Performance, Revenue, Net Surplus, Waipa Networks Limited

🏗️ Statement of Movements in Equity for Waipa Networks Limited

🏗️ Infrastructure & Public Works
Equity, Net Surplus, Revaluation of Assets, Waipa Networks Limited