✨ Financial Statements
4860
NEW ZEALAND GAZETTE, No. 186
28 NOVEMBER 2008
TRANSPOWER NEW ZEALAND LIMITED LINES BUSINESS
INCOME STATEMENT
FOR THE YEAR ENDED 30 JUNE 2008
| Notes | LINES BUSINESS | ||
|---|---|---|---|
| 2008 | 2007 | ||
| $000 | $000 | ||
| Operating revenue | 2 | 593,884 | 539,480 |
| Operating expenditure | 4 | 373,824 | 333,415 |
| Earnings before interest, tax and changes in the fair value of financial instruments | 220,060 | 206,065 | |
| Net finance costs | 5 | 58,169 | 58,639 |
| Earnings before changes in the fair value of financial instruments and tax | 161,891 | 147,426 | |
| Gain (loss) in the fair value of financial instruments | 6 | (44,533) | 107,742 |
| Earnings before tax | 117,358 | 255,168 | |
| Income tax expense | 7 | 37,153 | 68,677 |
| Net profit | 80,205 | 186,491 |
STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 30 JUNE 2008
| LINES BUSINESS | ||
|---|---|---|
| 2008 | 2007 | |
| $000 | $000 | |
| Equity at the beginning of the year | 1,153,414 | 966,710 |
| Available for sale financial assets | (603) | 213 |
| Net income (expenses) recognised directly in equity | (603) | 213 |
| Net profit for the year | 80,205 | 186,491 |
| Total recognised income and expense for the year | 79,602 | 186,704 |
| Equity at the end of the year | 1,233,016 | 1,153,414 |
These statements are to be read in conjunction with the accompanying notes.
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NZ Gazette 2008, No 186
✨ LLM interpretation of page content
🏭
Transpower New Zealand Limited Income Statement
(continued from previous page)
🏭 Trade, Customs & IndustryFinancial Statements, Revenue, Expenditure, Profit
🏭
Transpower New Zealand Limited Statement of Changes in Equity
(continued from previous page)
🏭 Trade, Customs & IndustryEquity, Financial Assets, Income, Expenses