✨ Financial Statements
WEL NETWORKS LIMITED
Statement of Financial Performance
For the year ended 31 March 2005
| Note | Line Business | |
|---|---|---|
| 2005 ($000s) | ||
| Total revenue | 1 | 46,123 |
| Operating expenses | 2 | (28,402) |
| Operating surplus before interest & taxation | 17,721 | |
| Interest expense | 3 | (3,696) |
| Operating surplus before taxation | 14,025 | |
| Taxation expense | 4 | (5,719) |
| Surplus attributable to the shareholders of the parent company | 8,306 |
Statement of Movements in Equity
For the year ended 31 March 2005
| Note | Line Business | |
|---|---|---|
| 2005 ($000s) | ||
| Equity as at 1 April | 176,988 | |
| Net Surplus for the year | 8,306 | |
| Total Recognised Revenue and Expenses | 8,306 | |
| Dividends | (30,390) | |
| Revaluation of Assets | - | |
| (30,390) | ||
| Equity as at 31 March | 154,904 |
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Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 2005, No 114
Gazette.govt.nz —
NZ Gazette 2005, No 114
✨ LLM interpretation of page content
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Statement of Financial Performance and Movements in Equity for WEL Networks Limited
(continued from previous page)
🏭 Trade, Customs & Industry17 May 2005
Financial Performance, Equity Movements, WEL Networks Limited, Revenue, Expenses