✨ Financial Statements
9 DECEMBER 2008 NEW ZEALAND GAZETTE, No. 191 5001
GAS DIVISION
Statement of Changes in Equity
For the year ended 30 June 2008
| | Contributed Capital
| NZ$000 | NZ$000 | Retained Earnings
| | NZ$000 | Hedge Reserve
| | | NZ$000 | TOTAL
| | | | NZ$000 |
|-------------------------|-----------------------|----------------------|---------|
| Balance as at 30 June 2006 | 119,080 | (34,926) | (1,618) | 82,536 |
| Cash flow hedges – gain/(loss) taken to equity | - | - | 3,091 | 3,091 |
| Income tax on items taken directly to equity | - | - | (486) | (486) |
| Net income recognised directly in equity | - | - | 2,605 | 2,605 |
| Profit for the period | - | 14,241 | - | 14,241 |
| Total recognised income and expense | - | 14,241 | 2,605 | 16,846 |
| Dividends | - | (12,902) | - | (12,902)|
| Increase in contributed capital | 11 | 2,322 | - | 2,322 |
| Balance as at 30 June 2007 | 121,402 | (33,587) | 987 | 88,802 |
| Cash flow hedges – gain/(loss) taken to equity | - | - | (1,537) | (1,537) |
| Income tax on items taken directly to equity | 2 | - | 319 | 319 |
| Net income recognised directly in equity | - | - | (1,218) | (1,218) |
| Loss for the period | - | (22) | - | (22) |
| Total recognised income and expense | - | (22) | (1,218) | (1,240) |
| Dividends | - | (8,373) | - | (8,373) |
| Balance as at 30 June 2008 | 121,402 | (41,982) | (231) | 79,189 |
The accompanying notes form part of these financial statements.
Next Page →
NZ Gazette 2008, No 191
✨ LLM interpretation of page content
🏭
Powerco Limited Gas Information Disclosure Certification
(continued from previous page)
🏭 Trade, Customs & Industry27 November 2008
Gas, Information Disclosure, Financial Statements, Performance Measures, Powerco Limited