New Zealand Gazette – 2005 – No. 19

Page 429

✨ Financial Statements



19 JANUARY 2005 NEW ZEALAND GAZETTE, No. 19 429

ELECTRICITY ASHBURTON LIMITED - LINES BUSINESS

STATEMENT OF FINANCIAL PERFORMANCE

FOR THE YEAR ENDED 31 MARCH 2004

Note 2004 $ 2003 $
REVENUE
Line Charges 2 17,958,775 16,569,339
Other 1,847,950 617,698
19,806,725 17,187,037

OPERATING EXPENDITURE

| | 3 | | |
| Transmission Charges | | 5,130,031 | 4,696,763 |
| Other | | 7,897,791 | 7,837,285 |
| | | 13,027,822 | 12,534,048 |

OPERATING SURPLUS before Deferred Discount

| | | 6,778,903 | 4,652,989 |

| Customer Deferred Discount | 5 | 0 | 2,936,582 |

OPERATING SURPLUS before Taxation

| | | 6,778,905 | 1,716,407 |

| Taxation | 4 | 2,768,421 | 1,373,171 |

NET SURPLUS after Taxation

| | | 4,010,482 | 343,236 |

ELECTRICITY ASHBURTON LIMITED – LINES BUSINESS

STATEMENT OF MOVEMENT IN EQUITY

FOR THE YEAR ENDED 31 MARCH 2004

| | | | |
| EQUITY AT START OF YEAR | 6 | 68,190,563 | 67,834,327 |

| Operating Surplus after Taxation| | 4,010,482 | 343,236 |
| Prior Year Adjustment Deferred Taxation | 9 | 12,735,748 | 0 |
| Distribution System Revaluation | | | |
| Total Recognised Revenue and Expenses for the Period | | 16,746,230 | 343,236 |

Other Movements

| Provision for Dividend | 5 | (1,173,000) | 0 |
| Share Issued | | 34,300 | 13,000 |

| | | 83,708,093 | 68,190,563 |

The accompanying notes form part of these financial statements



Next Page →



Online Sources for this page:

VUW Te Waharoa — PDF NZ Gazette 2005, No 19


Gazette.govt.nz — PDF NZ Gazette 2005, No 19




✨ LLM interpretation of page content

🏭 Electricity Ashburton Limited Financial Performance (continued from previous page)

🏭 Trade, Customs & Industry
22 December 2004
Electricity, Financial Performance, Revenue, Expenditure, Taxation, Ashburton

🏭 Electricity Ashburton Limited Movement in Equity (continued from previous page)

🏭 Trade, Customs & Industry
22 December 2004
Electricity, Equity, Dividends, Share Issuance, Ashburton