✨ Financial Statements
THE LINES COMPANY LIMITED - LINE BUSINESS ACTIVITY
Statement of Financial Performance
For the Year Ended 31 March 2005
| Note | 2005
$000's | 2004
$000's |
|------|---------------|---------------|
| Operating Revenue | 2 | 20,452 | 19,511 |
| Operating Expenses | | 15,441 | 13,663 |
| Operating Surplus before Taxation | | 5,011 | 5,848 |
| Taxation Expense | 4 | 1,654 | 1,930 |
| Surplus after Taxation | | 3,357 | 3,918 |
| Customer Discount Net of Taxation | | 2,546 | 3,350 |
| Net Surplus after Discount | | 811 | 568 |
Statement of Movement of Equity
For the Year Ended 31 March 2005
| | 2005
$000's | 2004
$000's |
|--------------------------|--------------|--------------|
| Equity at Beginning of Year | 53,261 | 41,789 |
| Surplus retained for the Year | 811 | 568 |
| Revaluation of fixed assets | 5,436 | 16,471 |
| Deferred tax adjustment on line asset revaluations | | (5,436) |
| Total Recognised Revenue and Expenses | 6,247 | 11,603 |
| Dividends | - | (131) |
| Total Distribution to Owners | - | (131) |
| Equity at Year End | 59,508 | 53,260 |
Next Page →
Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 2005, No 139
Gazette.govt.nz —
NZ Gazette 2005, No 139
✨ LLM interpretation of page content
💰
Financial Performance and Equity Movement for The Lines Company Limited
(continued from previous page)
💰 Finance & RevenueFinancial Statements, Performance Measures, Revenue, Expenses, Surplus, Taxation, Equity, Dividends