β¨ Financial Statements
NEW ZEALAND GAZETTE, No. 101
1 JULY 2005
2403
WAIPA NETWORKS LIMITED - LINES BUSINESS
STATEMENT OF FINANCIAL PERFORMANCE
FOR THE YEAR ENDED 31 MARCH 2005
| Note | 2005 | 2004 | |
|---|---|---|---|
| $ | $ | ||
| Revenue | 13,674,028 | 12,809,089 | |
| Less Discounts | 3,499,150 | 3,039,795 | |
| Net Revenue | 10,174,878 | 9,769,294 |
| Net Operating Surplus Before Taxation | 2 | 716,713 | 1,052,186 |
| Less Taxation Expense | 3 | 78,997 | 239,833 |
| Net Surplus | | 637,716 | 812,353 |
STATEMENT OF MOVEMENTS IN EQUITY
FOR THE YEAR ENDED 31 MARCH 2005
| 2005 | 2004 | |
|---|---|---|
| $ | $ | |
| Equity as at 1 April | 41,673,046 | 40,860,693 |
| Net Surplus | 637,716 | 812,353 |
| Revaluation of Assets | 5 | 9,654,084 |
| Total Recognised Revenue and Expenses for the Year | 10,291,780 | 812,353 |
| Equity as at 31 March | 51,964,826 | 41,673,046 |
The accompanying notes form part of these financial statements.
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Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 2005, No 101
Gazette.govt.nz —
NZ Gazette 2005, No 101
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Financial statements, Performance measures, Electricity Information Disclosure Requirements, Waipa Networks Limited