β¨ Financial Statements
428
NEW ZEALAND GAZETTE, No. 20
12 FEBRUARY 2008
Network Tasman Limited
Line Business Financial Statements
Statement of movements in equity
For the year ended 31 March 2007
| Note | 2007
$000 | 2006
$000 |
|------|------------|------------|
| Total equity at beginning of year | 6 | 137,584 | 134,975 |
| Total recognised revenues and expenses |
| Operating surplus | | 4,951 | 4,609 |
| Movement in property, plant & equipment revaluation reserve | | 17,509 | 0 |
| Total recognised revenues and expenses for the year | | 22,460 | 4,609 |
| Other movements | 5 |
| Distributions to owners during the year | | (2,429) | (2,000) |
| Transfer of property, plant & equipment from/(to) "Other" business | | 0 | 0 |
| | | (2,429) | (2,000) |
| Total equity at end of year | 6 | 157,615 | 137,584 |
The accompanying notes and accounting policies form part of and are to be read in conjunction with this statement.
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VUW Te Waharoa —
NZ Gazette 2008, No 20
Gazette.govt.nz —
NZ Gazette 2008, No 20
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Line Business Financial Statements for Network Tasman Limited
(continued from previous page)
π Trade, Customs & Industry12 February 2008
Financial Statements, Statement of Movements in Equity, Operating Surplus, Property Revaluation, Distributions to Owners, Network Tasman Limited