New Zealand Gazette – 2005 – No. 149

Page 3639

✨ Financial Statements



31 AUGUST 2005

NEW ZEALAND GAZETTE, No. 149

3639

Statement of financial performance

For the year ended 31 March 2005

| | Note | 2005
| | | $'000 | 2004
| | | | $'000 |
|----------------|------|-------|-------|
| Operating Revenue | 2 | 23,349 | 22,518 |
| Operating Expenses | 3 | 14,542 | 13,851 |
| Earnings before Interest and Tax | | 8,807 | 8,667 |
| Interest Expense | 4 | 2,972 | 2,748 |
| Net Surplus before Taxation | | 5,835 | 5,919 |
| Taxation | 5 | 2,209 | 1,616 |
| Net Surplus after Taxation | | 3,626 | 4,303 |

Statement of movements in equity

For the year ended 31 March 2005

| | Note | 2005
| | | $'000 | 2004
| | | | $'000 |
|--------------------------------------|------|-------|-------|
| Total equity at beginning of year | | 36,957 | 33,707 |
| Net surplus after taxation | | 3,626 | 4,303 |
| Increase (decrease) in value of fixed assets recognised in equity | | | |
| System Assets | | 11,992 | - |
| Land and Buildings | | 17 | 192 |
| Total recognised revenues and expenses| | 15,635 | 4,495 |
| Dividends paid | | 4,475 | 1,245 |
| Distributions to owners | | 4,475 | 1,245 |
| Total equity at end of year | 7 | 48,117 | 36,957 |



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Online Sources for this page:

VUW Te Waharoa — PDF NZ Gazette 2005, No 149


Gazette.govt.nz — PDF NZ Gazette 2005, No 149




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🏭 Eastland Network Limited Financial Certification (continued from previous page)

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26 August 2005
Financial Statements, Performance Measures, Certification, Eastland Network Limited