β¨ 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 —
NZ Gazette 2004, No 173
Gazette.govt.nz —
NZ Gazette 2004, No 173
β¨ LLM interpretation of page content
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Notes to the Special Purpose Financial Statements for Top Energy Limited
(continued from previous page)
π Trade, Customs & IndustryFinancial Statements, Income, Net Profit, Depreciation, Fixed Assets, Electricity Line Revenue, Capital Contributions, Top Energy Limited