✨ Financial Statements




Buller Electricity Limited

Line Business Financial Statements

Statement of Financial Performance

for the year ended 31 March 2006

Note 2006 $
2005 $

Total Operating Revenue | 5,528,656 | 5,074,548
Total Operating Expenditure | 4,496,117 | 4,402,919

Operating Surplus before Interest Expense and Income Tax | 1,032,539 | 671,629

Interest Expense | 224,278 | 209,048

Operating Surplus before Income Tax | 808,261 | 462,581

Income Tax | 2 115,000 | (36,000)

Net Surplus after Tax | 693,261 | 498,581


Statement of Movements in Equity

for the year ended 31 March 2006

Note 2006 $
2005 $

Equity as at 1 April 2005 | 19,431,354 | 18,932,773
Net Surplus after Tax for the Year | 693,261 | 498,581
Revaluation Reserve Movements | (1,223,747)| 0

Total Recognised Revenues and Expenses for the Year | (530,486) | 498,581

Reallocation of Equity |
Dividend | 0 | 0

Equity as at 31 March 2006 | 18,900,868 | 19,431,354



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Online Sources for this page:

VUW Te Waharoa PDF NZ Gazette 2006, No 128


Gazette.govt.nz PDF NZ Gazette 2006, No 128





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