New Zealand Gazette – 2004 – No. 164

Page 4042

✨ Financial Statements

WAIPA NETWORKS LIMITED - LINES BUSINESS

STATEMENT OF FINANCIAL PERFORMANCE

FOR THE YEAR ENDED 31 MARCH 2004

| Note | 2004
$ | 2003
$ |
| --- | --- | --- |
| Revenue | 12,809,089 | 12,596,571 |
| Less Discounts | 3,039,795 | 3,177,215 |
| Net Revenue | 9,769,294 | 9,419,356 |
| Net Operating Surplus Before Taxation | 2 | 1,052,186 | 870,651 |
| Less Taxation Expense | 3 | 239,833 | 232,126 |
| Net Surplus | 812,353 | 638,525 |

STATEMENT OF MOVEMENTS IN EQUITY

FOR THE YEAR ENDED 31 MARCH 2004

| | 2004
$ | 2003
$ |
| --- | --- | --- |
| Equity as at 1 April 2003 | 40,860,693 | 40,222,168 |
| Net Surplus | 812,353 | 638,525 |
| Revaluation of Assets | 5 | - | - |
| Total Recognised Revenue and Expenses for the Year | 812,353 | 638,525 |
| Equity as at 31 March 2004 | 41,673,046 | 40,860,693 |

The accompanying notes form part of these financial statements.

LexisNexis

VUW Te Waharoa — NZ Gazette 2004, No 164

Gazette.govt.nz — NZ Gazette 2004, No 164

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✨ LLM interpretation of page content

🏭 Financial Statements of Waipa Networks Limited (continued from previous page)

Domain🏭 Trade, Customs & Industry
KeywordsFinancial statements, Waipa Networks Limited, Lines Business, Statement of Financial Performance, Statement of Movements in Equity

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