New Zealand Gazette – 2005 – No. 200

Page 5057

✨ Financial Statements



TRANSPOWER NEW ZEALAND LIMITED LINES BUSINESS

STATEMENT OF FINANCIAL PERFORMANCE

FOR THE YEAR ENDED 30 JUNE 2005

Notes LINES BUSINESS 2005 $'000 LINES BUSINESS 2004 $'000
Operating revenue 2 510,687 456,646
Operating expenses 3 310,091 295,381
Net finance costs 5 200,590 161,265
Surplus from operations before tax and revaluation 65,841 67,049
Transfer from asset revaluation reserve 14 (5,477) —
Surplus from operations before tax 134,749 88,739
Tax expense 6 43,990 27,430
Operating surplus after tax 90,759 61,309

Net surplus attributable to shareholders | | 90,759 | 61,309 |

STATEMENT OF MOVEMENTS IN EQUITY

FOR THE YEAR ENDED 30 JUNE 2005

Notes 2005 $'000 2004 $'000
Equity at the beginning of the year 1,008,027 963,461
Net surplus attributable to shareholders 90,759 61,309
Total recognised revenue and expenses for the year 90,759 61,309
Dividends paid 16 (37,927) (16,743)
Equity at the end of the year 1,060,859 1,008,027

These statements are to be read in conjunction with the accompanying notes.



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Online Sources for this page:

VUW Te Waharoa — PDF NZ Gazette 2005, No 200


Gazette.govt.nz — PDF NZ Gazette 2005, No 200




✨ LLM interpretation of page content

🏭 Audit Report for Transpower New Zealand Limited Lines Business (continued from previous page)

🏭 Trade, Customs & Industry
28 November 2005
Audit, Financial Statements, Transpower, Commerce Act 1986, Electricity Information Disclosure Requirements 2004

🏭 Statement of Financial Performance for Transpower New Zealand Limited Lines Business

🏭 Trade, Customs & Industry
Financial Performance, Operating Revenue, Operating Expenses, Net Finance Costs, Surplus

🏭 Statement of Movements in Equity for Transpower New Zealand Limited Lines Business

🏭 Trade, Customs & Industry
Movements in Equity, Net Surplus, Dividends, Shareholders