✨ Financial Statements
Counties Power Limited – Lines Business
STATEMENT OF FINANCIAL PERFORMANCE
For the Year ended 31 March 2004
| Notes | 31 March 2004 $000 | 31 March 2003 $000 | |
|---|---|---|---|
| TOTAL OPERATING REVENUE | (2) | 26,325 | 25,818 |
| TOTAL OPERATING EXPENDITURE | (3) | (22,033) | (22,276) |
| OPERATING SURPLUS BEFORE INTEREST AND INCOME TAX | 4,292 | 3,542 | |
| INTEREST EXPENSE | (3) | (112) | (331) |
| OPERATING SURPLUS BEFORE INCOME TAX | 4,180 | 3,211 | |
| INCOME TAX CREDIT/(CHARGE) | (4) | (907) | (395) |
| NET SURPLUS AFTER TAX | 3,273 | 2,816 |
STATEMENT OF MOVEMENTS IN EQUITY
For the Year Ended 31 March 2004
| 31 March 2004 $000 | 31 March 2003 $000 | |
|---|---|---|
| Net surplus for Year | 3,273 | 2,816 |
| Increase in Revaluation Reserve | (6) | 6,218 |
| Total Recognised Revenues and Expenses | 9,491 | |
| Dividend | (300) | (225) |
| Movements in Equity for Year | 9,191 | 8,616 |
| Equity at Beginning of Year | 96,162 | 87,546 |
| EQUITY AT END OF YEAR | 105,353 | 96,162 |
Next Page →
Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 2005, No 24
Gazette.govt.nz —
NZ Gazette 2005, No 24
✨ LLM interpretation of page content
💰
Audit Report for Counties Power Limited - Lines Business
(continued from previous page)
💰 Finance & RevenueAudit, Financial Statements, Commerce Act 1986, Public Audit Act 2001, Electricity Information Disclosure