✨ Powerco Gas Division Income Statement
NEW ZEALAND GAZETTE, No. 191
9 DECEMBER 2008
POWERCO
GAS DIVISION
Income Statement
For the year ended 30 June 2008
| Notes | 30 June 2008
NZ$000 | 30 June 2007
NZ$000 |
|---------------------|-------------------------------|-----------------------------|
| Revenue | 50,565 | 54,563 |
| Cost of goods sold | - | - |
| Gross profit | 50,565 | 54,563 |
| Other (losses)/gains| (3,040) | 5,350 |
| Operating expenses | (5,780) | (8,158) |
| Administration expenses | (8,549) | (7,584) |
| Other expenses | (10,876) | (11,343) |
| Earnings before interest and taxation | 22,320 | 32,828 |
| Finance costs | (21,547) | (19,660) |
| Operating Surplus before Taxation | 773 | 13,168 |
| Taxation expense / (benefit) | 795 | (1,073) |
| OPERATING SURPLUS/(DEFICIT) AFTER TAXATION | (22) | 14,241 |
The accompanying notes form part of these financial statements
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NZ Gazette 2008, No 191
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Powerco Limited Gas Information Disclosure Certification
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🏭 Trade, Customs & Industry27 November 2008
Gas, Information Disclosure, Financial Statements, Performance Measures, Powerco Limited