New Zealand Gazette – 2005 – No. 13

Page 285

✨ Financial Statements

18 JANUARY 2005
NEW ZEALAND GAZETTE, No. 13
285

POWERCO

ELECTRICITY DIVISION

Statement of Movements in Equity
For the year ended 31 March 2004

Notes	31 March 2004 $000	31 March 2003 $000
Opening Balance	442,865	256,629
Operating surplus attributable to the shareholders	43,705	40,030
Total recognised revenue and expenses for the year.	43,705	40,030
Distributions to shareholders:
Dividends - paid	(42,295)	(30,776)
Ordinary Share issue	-	66,679
Equity adjustment	-	110,303
Closing Balance	$444,275	$442,865

The accompanying notes form part of these financial statements.

VUW Te Waharoa — NZ Gazette 2005, No 13

Gazette.govt.nz — NZ Gazette 2005, No 13

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✨ LLM interpretation of page content

🏭 Powerco Limited's Statement of Movements in Equity (continued from previous page)

Domain🏭 Trade, Customs & Industry
KeywordsFinancial Statements, Equity, Surplus, Dividends, Powerco Limited

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