New Zealand Gazette – 2005 – No. 136

Page 3302

✨ Financial Statements



3302

NEW ZEALAND GAZETTE, No. 136

23 AUGUST 2005

Network Waitaki Limited Lines Business

Statement of Financial Performance for the Year Ended 31 March 2005 - Continued

Note 2005 $ 2004 $
Costs of offering credit
Bad debts written off 0 0
Increase in estimated doubtful debts 0 0
Total cost of offering credit 0 0
Local authority rates expense 63,763 0
AC loss-rentals (distribution to retailers/customers) expense 0 0
Rebates to consumers due to ownership interest 0 0
Subvention payments 0 0
Unusual expenses 0 0
Other expenditure not listed above 67,457 124,370
Total operating expenditure 6,791,661 5,855,031
Operating surplus before interest and income tax 1,084,547 1,500,347
Interest expense
Interest expense on borrowings 0 0
Financing charges related to finance leases 0 0
Other interest expense 0 0
Total interest expense 0 0
Operating surplus before income tax 1,084,547 1,500,347
Income tax 4 741,288
Net surplus after tax 343,259 684,512

Network Waitaki Limited Lines Business

Statement of Movements in Equity for the Year Ended 31 March 2005
Equity at the Beginning of the Year 51,323,398 42,509,773
Net Surplus (Deficit) for the Period 343,259 684,512
Revaluation 0 8,129,113
Total Recognised Revenue and Expenses 343,259 8,813,625
Dividends Paid 0 0
Equity at the End of the Year 51,666,657 51,323,398


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Online Sources for this page:

VUW Te Waharoa — PDF NZ Gazette 2005, No 136


Gazette.govt.nz — PDF NZ Gazette 2005, No 136




✨ LLM interpretation of page content

🏭 Network Waitaki Limited Financial Performance Statement (continued from previous page)

🏭 Trade, Customs & Industry
16 August 2005
Financial Performance, Revenue, Expenditure, Network Waitaki Limited

🏭 Network Waitaki Limited Statement of Movements in Equity

🏭 Trade, Customs & Industry
Equity, Financial Statements, Network Waitaki Limited