New Zealand Gazette – 2007 – No. 129

Page 3331

✨ Financial Statements

Statement of Financial Performance

For the Year ended 30 June 2007

Note	Distribution		Retail
	2007	2006	2007	2006
	$	$	$	$

Revenue | | 4,417,279 | 3,917,105 | 29,347,986 | 25,223,588 |
Expenses | | 2,794,457 | 2,706,506 | 29,234,927 | 23,054,153 |
Subvention payment to WDC | | 1,622,812 | - | 113,059 | - |

SURPLUS BEFORE INCOME TAX | 2 | 0 | 1,210,599 | 0 | 2,169,415 |
Taxation expense | 3 | (3,934) | 426,977 | (927) | 718,981 |

NET SURPLUS/(DEFICIT) AFTER TAXATION |
| | (3,934) | 783,622 | (927) | 1,452,434 |

Statement of Movement in Equity

For the Year ended 30 June 2007

Note	Distribution		Retail
	2007	2006	2007	2006
	$	$	$	$

EQUITY AS AT 1 JULY | | 17,715,539 | 12,546,613 | 1,166,205 | 533,913 |

Net surplus/(deficit) after taxation |
| | (3,934) | 783,622 | (927) | 1,452,434 |
Increase in revaluation reserve |
| | - | 5,065,163 | - | - |

Total recognised revenue and expenses for the year |
| | (3,934) | 5,848,785 | (927) | 1,452,434 |

Dividend to shareholders | | 780,375 | 679,859 | 945,140 | 820,142 |

EQUITY AS AT 30 JUNE | | 16,931,230 | 17,715,539 | 220,138 | 1,166,205 |

The accompanying notes and accounting policies form part of these financial statements.

VUW Te Waharoa — NZ Gazette 2007, No 129

Gazette.govt.nz — NZ Gazette 2007, No 129

Parliament House (depicted) was completed in 1918 and remains the primary seat of Parliament.

✨ LLM interpretation of page content

🏭 Wanganui Gas Limited Financial Statements (continued from previous page)

Domain🏭 Trade, Customs & Industry
KeywordsFinancial performance, revenue, expenses, taxation, equity, dividend

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