✨ Financial Statements




4336

NEW ZEALAND GAZETTE, No. 173

22 DECEMBER 2004

TOP ENERGY LIMITED

NOTES TO THE FINANCIAL STATEMENTS

NOTES TO THE SPECIAL PURPOSE FINANCIAL STATEMENTS

FOR THE 12 MONTHS ENDED 31 MARCH 2004

LINE BUSINESS 2004 2003
1 INCOME
Electricity Line revenue 18,991,430 18,675,764
AC loss rental rebate 786,713 454,259
Capital contributions 580,489 380,615
Total income 20,358,632 19,510,638
2 NET PROFIT BEFORE TAXATION
The net profit before tax is stated after charging:
Loss/(Profit) on disposal of fixed assets 105,199 19,493
Depreciation 3,465,727 2,793,489
Buildings 4,440 4,440
Distribution System 3,092,346 2,564,798
Centralised Load control equipment 12,632 12,632
Office equipment & furniture 9,821 7,571
Information system & billing assets 313,181 189,081
Vehicles 33,307 14,967
Auditors - audit services 40,208 30,400
- regulatory/ODV reporting & price control submission 37,931 15,640
Directors' fees 141,420 112,000
Bad debts


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Online Sources for this page:

VUW Te Waharoa PDF NZ Gazette 2004, No 173


Gazette.govt.nz PDF NZ Gazette 2004, No 173





✨ LLM interpretation of page content

🏭 Notes to the Special Purpose Financial Statements for Top Energy Limited (continued from previous page)

🏭 Trade, Customs & Industry
Financial Statements, Income, Net Profit, Depreciation, Fixed Assets, Electricity Line Revenue, Capital Contributions, Top Energy Limited