✨ Financial Statements




3 AUGUST 2005

NEW ZEALAND GAZETTE, No. 115

2763

ELECTRICITY ASHBURTON LIMITED - LINES BUSINESS

STATEMENT OF FINANCIAL PERFORMANCE

FOR THE YEAR ENDED 31 MARCH 2005

Note 2005 2004
$ $
REVENUE
Line Charges 2 19,542,677 17,958,775
Other 1,079,902 1,847,950
20,622,579 19,806,725

OPERATING EXPENDITURE

| | 3 | 5,639,487 | 5,130,031 |
| Transmission Charges | | | |
| Other | | 8,875,689 | 7,897,791 |
| | | 14,515,176 | 13,027,822 |

OPERATING SURPLUS before Deferred Discount | | 6,107,403 | 6,778,903 |

| Customer Deferred Discount | 5 | 2,811,832 | 0 |

OPERATING SURPLUS before Taxation | | 3,295,571 | 6,778,903 |

| Taxation | 4 | 2,042,512 | 2,768,421 |

NET SURPLUS after Taxation | | 1,253,059 | 4,010,482 |


ELECTRICITY ASHBURTON LIMITED – LINES BUSINESS

STATEMENT OF MOVEMENT IN EQUITY

FOR THE YEAR ENDED 31 MARCH 2005

Note 2005 2004
$ $
EQUITY AT START OF YEAR 6 83,798,093 68,190,563

| Operating Surplus after Taxation | | 1,253,059 | 4,010,482 |
| Distribution System Revaluation | 9 | 0 | 12,735,748 |
| Total Recognised Revenue and Expenses for the Period | | 1,253,059 | 16,746,230 |

Other Movements

| Provision for Dividend | 5 | 0 | (1,173,000)|
| Share Issued | | 9,100 | 34,300 |

| | | 85,060,252 | 83,798,093 |

The accompanying notes form part of these financial statements



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Online Sources for this page:

VUW Te Waharoa PDF NZ Gazette 2005, No 115


Gazette.govt.nz PDF NZ Gazette 2005, No 115





✨ LLM interpretation of page content

🏭 Certification of Financial Statements for Electricity Ashburton Limited (continued from previous page)

🏭 Trade, Customs & Industry
27 July 2005
Financial statements, Performance measures, Electricity, Commerce Commission, Ashburton

🏭 Statement of Movement in Equity for Electricity Ashburton Limited

🏭 Trade, Customs & Industry
Equity, Financial statements, Electricity, Ashburton