New Zealand Gazette – 2005 – No. 20

Page 450

✨ Financial Statements



450

NEW ZEALAND GAZETTE, No. 20

19 JANUARY 2005

Alpine Energy Limited Line Business

Statement of Financial Performance for the Year Ended 31 March 2004 - Continued

Note 2004 $ 2003 $
Directors' fees 101,133 102,851
Auditors' fees
Audit fees paid to principal auditors 23,900 25,482
Audit fees paid to other auditors 0 0
Fees paid for other services provided by principal and other auditors 19,123 5,322
Total auditors' fees 43,023 30,804
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 67,869 54,902
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 102,016 116,205
Total operating expenditure 15,721,808 15,182,221
Operating surplus before interest and income tax 12,419,882 11,962,518
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 12,419,882 11,962,518
Income tax 2 3,624,010
Net surplus after tax 8,795,872 8,439,232

Statement of Movements in Equity for the Year Ended 31 March 2004

2004 $ 2003 $
Equity at the Beginning of the Year 79,758,210 78,021,566
Net Surplus (Deficit) for the Period 8,795,872 8,439,232
Revaluation (6,021,000) 0
Total Recognised Revenue and Expenses 2,774,872 8,439,232
Dividends Paid (7,827,526) (6,702,578)
Transfer on Disposal of Plant, Property and Equipment 0 0
Equity at the End of the Year 74,705,556 79,758,210


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Online Sources for this page:

VUW Te Waharoa — PDF NZ Gazette 2005, No 20


Gazette.govt.nz — PDF NZ Gazette 2005, No 20




✨ LLM interpretation of page content

🏭 Alpine Energy Limited Financial Statements (continued from previous page)

🏭 Trade, Customs & Industry
23 December 2004
Alpine Energy, Financial Statements, Electricity Information Disclosure, 2004