β¨ 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 —
NZ Gazette 2005, No 129
Gazette.govt.nz —
NZ Gazette 2005, No 129
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Notes to the Special Purpose Financial Statements for Top Energy Limited
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π Trade, Customs & IndustryFinancial statements, Accounting policies, Financial instruments, Fair value, Off-balance sheet risk, Interest exposure, Top Energy Limited