New Zealand Gazette – 2005 – No. 23

Page 531

✨ Financial Statements



21 JANUARY 2005 NEW ZEALAND GAZETTE, No. 23

UNISON NETWORKS LIMITED - LINES BUSINESS

STATEMENT OF FINANCIAL PERFORMANCE

For The Year Ended 31 March 2004

| Notes | 2004
$'000 | 2003*
$'000 |
|-------|----------------|---------------|
| Operating Revenue Pre Discounts | 75,457 | 52,916 |
| Discounts Paid | 35 | 3,461 |
| Operating Revenue | 75,422 | 49,455 |
| Operating Surplus before Non Operating Benefits/(Costs) | 27,559 | 13,804 |
| Amortisation | 20 | 4,495 | 1,844 |
| Non Operating Benefits/(Costs) | 5 | - | 2,432 |
| Interest Costs | | 13,701 | 5,859 |
| Surplus Before Taxation | | 9,363 | 3,669 |
| Taxation (Benefit)/Expense | 4(a) | (1,614) | (444) |
| NET SURPLUS FOR THE YEAR | | 10,977 | 4,113 |

UNISON NETWORKS LIMITED - LINES BUSINESS

STATEMENT OF MOVEMENTS IN EQUITY

For The Year Ended 31 March 2004

| | 2004
$'000 | 2003*
$'000 |
|-------------------------------|---------------|---------------|
| Equity at beginning of year | 184,980 | 132,511 |
| Net Surplus/(Deficit) | 10,977 | 4,113 |
| Land and Building Revaluations | - | - |
| Revaluation of Network Assets | 16 | - | 48,520 |
| Total recognised revenues and expenses for the year | | 10,977 | 52,633 |
| Dividends Paid | 80 | 167 |
| Equity at end of year | 195,877 | 184,980 |

The accompanying Statement of Significant Accounting Policies and Notes form part of and are to be read in conjunction with these Financial Statements. The Financial Statements have been prepared solely for the purpose of complying with Electricity Information Disclosure Requirements pursuant to Section 57I of the Commerce Act 1986.

Comparisons for 2003 include the Hawke's Bay area for the full year and Rotorua/Taupo for 5 months only.



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Online Sources for this page:

VUW Te Waharoa — PDF NZ Gazette 2005, No 23


Gazette.govt.nz — PDF NZ Gazette 2005, No 23




✨ LLM interpretation of page content

🏭 Statement of Financial Performance for Unison Networks Limited - Lines Business

🏭 Trade, Customs & Industry
Financial Performance, Revenue, Surplus, Taxation, Unison Networks Limited

🏭 Statement of Movements in Equity for Unison Networks Limited - Lines Business

🏭 Trade, Customs & Industry
Equity, Revaluation, Dividends, Unison Networks Limited