New Zealand Gazette – 2006 – No. 140

Page 4054

✨ Financial Statements



4054

NEW ZEALAND GAZETTE, No. 140

17 NOVEMBER 2006

Alpine Energy Limited Line Business

Statement of Financial Performance for the Year Ended 31 March 2006 - Continued

Note 2006 $ 2005 $
Directors' fees 119,788 90,460
Auditors' fees
    Audit fees paid to principal auditors 27,805 18,000
    Audit fees paid to other auditors 0 0
    Fees paid for other services provided by principal and other auditors 42,006 28,704
Total auditors' fees 69,811 46,704
Costs of offering credit
    Bad debts written off 0 0
    Increase in estimated doubtful debts 0 0
Total cost of offering credit 0 0
Local authority rates expense 65,637 66,884
AC loss-rentals (distribution to retailers/customers) expense 0 0
Rebates to consumers due to ownership interest 0 0
Subvention payments 0 0
Unusual expenses 0 0
Other expenditure not listed above 138,710 125,891
Total operating expenditure 17,078,756 16,783,374
Operating surplus before interest and income tax 13,379,192 10,379,286
Interest expense
    Interest expense on borrowings 0 0
    Financing charges related to finance leases 0 0
    Other interest expense 0 0
Total interest expense 0 0
Operating surplus before income tax 13,379,192 10,379,286
Income tax 2 5,080,114
Net surplus after tax 8,299,078 6,193,080

Statement of Movements in Equity for the Year Ended 31 March 2006

2006 $ 2005 $
Equity at the Beginning of the Year 73,440,009 73,639,929
Net Surplus (Deficit) for the Period 8,299,078 6,193,080
Revaluation 0 0
Total Recognised Revenue and Expenses 8,299,078 6,193,080
Dividends Paid (6,984,435) (6,393,000)
Transfer on Disposal of Plant, Property and Equipment 0 0
Equity at the End of the Year 74,754,652 73,440,009


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Online Sources for this page:

VUW Te Waharoa — PDF NZ Gazette 2006, No 140


Gazette.govt.nz — PDF NZ Gazette 2006, No 140




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🏭 Alpine Energy Limited Financial Statements for Lines Business (continued from previous page)

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Financial Statements, Electricity Information Disclosure Requirements, Alpine Energy Limited, Lines Business