✨ Financial Statements




3132

NEW ZEALAND GAZETTE, No. 129

17 AUGUST 2005

TOP ENERGY LIMITED

NOTES TO THE FINANCIAL STATEMENTS

NOTES TO THE SPECIAL PURPOSE FINANCIAL STATEMENTS

FOR THE 12 MONTHS ENDED 31 MARCH 2005

LINE BUSINESS 2005 2004
1 INCOME
Electricity Line revenue 20,391,889 18,991,430
AC loss rental rebate 482,697 786,713
Capital contributions 1,077,242 580,489
Total income 21,951,828 20,358,632
2 NET PROFIT BEFORE TAXATION
The net profit before tax is stated after charging:
Loss/(Profit) on disposal of fixed assets 43,408 105,199
Depreciation 4,400,987 3,465,727
Buildings - 4,440
Distribution System 4,009,459 3,092,346
Centralised Load control equipment 21,750 12,632
Office equipment & furniture 14,093 9,821
Information system & billing assets 329,039 313,181
Vehicles 26,646 33,307
Auditors - audit services 35,333 40,208
- regulatory/ODV reporting & price control submission 30,530 37,931
Directors' fees 149,589 141,420
Bad debts


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Online Sources for this page:

VUW Te Waharoa PDF NZ Gazette 2005, No 129


Gazette.govt.nz PDF NZ Gazette 2005, No 129





✨ LLM interpretation of page content

🏭 Notes to the Special Purpose Financial Statements for Top Energy Limited (continued from previous page)

🏭 Trade, Customs & Industry
Financial statements, Accounting policies, Financial instruments, Fair value, Off-balance sheet risk, Interest exposure, Top Energy Limited