New Zealand Gazette – 2005 – No. 122

Page 2944

✨ Financial Statements



Buller Electricity Limited

Line Business Financial Statements

Statement of Financial Performance

for the year ended 31 March 2005

| | Note | 2005 $
| | | 2004 $
|------------------------|------|---------:|--------:
| Total Operating Revenue| | 5,074,548| 5,448,417|
| Total Operating Expenditure | | 4,402,919| 4,200,778|
| Operating Surplus before Interest Expense and Income Tax | | 671,629 | 1,247,639|
| Interest Expense | | 209,048 | 65,635 |
| Operating Surplus before Income Tax | | 462,581 | 1,182,004|
| Income Tax | 2 | (36,000)| 334,748 |
| Net Surplus after Tax | | 498,581 | 847,256 |

Statement of Movements in Equity

for the year ended 31 March 2005

| | Note | 2005 $
| | | 2004 $
|--------------------------------|------|---------:|---------:|
| Equity as at 1 April 2004 | |18,932,773|17,629,393|
| Net Surplus after Tax for the Year | | 498,581 | 847,256 |
| Revaluation Reserve Movements | | 0 |1,696,639 |
| Total Recognised Revenues and Expenses for the Year | | 498,581 |2,543,895 |
| Reallocation of Equity | | 0 | |
| Dividend | | 0 |1,240,515 |
| Equity as at 31 March 2005 | |19,431,354|18,932,773|



Next Page →



Online Sources for this page:

VUW Te Waharoa — PDF NZ Gazette 2005, No 122


Gazette.govt.nz — PDF NZ Gazette 2005, No 122




✨ LLM interpretation of page content

🏭 Buller Electricity Limited Line Business Financial Statements (continued from previous page)

🏭 Trade, Customs & Industry
29 July 2005
Buller Electricity Limited, Financial Statements, Operating Revenue, Operating Expenditure, Net Surplus, Equity Movements