New Zealand Gazette – 2006 – No. 142

Page 4102

✨ Financial Statement

TOP ENERGY LIMITED-LINE BUSINESS

STATEMENT OF MOVEMENTS IN EQUITY

FOR THE YEAR ENDED 31 MARCH 2006

	Notes	LINE BUSINESS
		$
		2006
EQUITY AS AT 1 APRIL		88,155,432
Profit for the period		2,966,611
Total recognised revenue and expenses for the period		2,966,611
Dividends	5	(5,500,000)
EQUITY AS AT 31 MARCH		85,622,043

Represented by:

RETAINED EARNINGS

Opening balance | | 3,794,778 | 8,264,017 |
Profit for the period | | 2,966,611 | 1,900,981 |
Dividend paid | 5 | (5,500,000)| (5,500,000)|
Transfer to capital contribution reserve | | (1,358,922)| (870,220) |

CAPITAL CONTRIBUTIONS RESERVE

Policy 2

Opening balance | | 3,856,657 | 2,986,437 |
Transferred from retained earnings | | 1,358,922 | 870,220 |

ASSET REVALUATION RESERVE

Policy 5

Opening balance | | 5,215,579 | 3,856,657 |

SHARE CAPITAL

                          | 6     | 57,286,017| 57,286,017|

| | | 23,217,980| 23,217,980|
| | | 85,622,043| 88,155,432|

This statement is to be read in conjunction with the accompanying notes, accounting policies, and audit report. The Financial Statements have been prepared solely for the purpose of complying with requirements 6(2) and 6(3) of the Electricity Information Disclosure Requirements 2004 and are not intended for any other purpose.

VUW Te Waharoa — NZ Gazette 2006, No 142

Gazette.govt.nz — NZ Gazette 2006, No 142

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✨ LLM interpretation of page content

🏭 Top Energy Limited Financial Performance Statement (continued from previous page)

Domain🏭 Trade, Customs & Industry
KeywordsFinancial Performance, Operating Revenue, Expenses, Net Profit, Taxation, Line Business

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