New Zealand Gazette – 2005 – No. 25

Page 599

✨ Financial Statements



21 JANUARY 2005

NEW ZEALAND GAZETTE, No. 25

WESTPOWER LIMITED - LINES BUSINESS

STATEMENT OF FINANCIAL PERFORMANCE

FOR THE YEAR ENDED 31 MARCH 2004

| Note | 2004
$000's | 2003
$000's |
|------|--------------|--------------|
| Revenue | 1 | 12,606 | 14,872 |
| Total Expenses | 2 | 8,706 | 7,934 |
| Net Surplus before Interest and Tax | | 3,900 | 6,938 |
| Interest | | 251 | 451 |
| Net Surplus before Income Tax | | 3,649 | 6,487 |
| Less Taxation Expense | 3 | 1,009 | 1,216 |
| NET SURPLUS AFTER TAX | | 2,640 | 5,271 |

STATEMENT OF MOVEMENTS IN EQUITY

FOR THE YEAR ENDED 31 MARCH 2004

| | 2004
$000's | 2003
$000's |
|-------------------------------|--------------|-------------|
| Equity as at 1 April 2004 | 54,593 | 50,345 |
| Net Surplus for Year | 2,640 | 5,271 |
| Revaluation of Assets | 3,591 | (867) |
| Total Recognised Revenue and Expenses | 6,231 | 4,404 |
| Dividend Paid | (156) | (156) |
| Equity as at 31 March 2004 | 60,668 | 54,593 |

The accompanying notes form part of these financial statements



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Online Sources for this page:

VUW Te Waharoa — PDF NZ Gazette 2005, No 25


Gazette.govt.nz — PDF NZ Gazette 2005, No 25




✨ LLM interpretation of page content

🏭 Westpower Limited Financial Performance and Equity Movements (continued from previous page)

🏭 Trade, Customs & Industry
Financial Statements, Revenue, Expenses, Net Surplus, Taxation, Equity, Dividends