New Zealand Gazette – 2008 – No. 37

Page 839

✨ Financial Statements



26 FEBRUARY 2008 NEW ZEALAND GAZETTE, No. 37

Counties Power Limited – Lines Business

STATEMENT OF FINANCIAL PERFORMANCE

For the Year ended 31 March 2007

Notes 31 March 2007 31 March 2006
$000 $000
TOTAL OPERATING REVENUE (2) 33,622 30,663
TOTAL OPERATING EXPENDITURE (3) (26,241) (23,859)
OPERATING SURPLUS BEFORE INTEREST AND INCOME TAX 7,381 6,804
INTEREST EXPENSE (3) (654) -
OPERATING SURPLUS BEFORE INCOME TAX 6,727 6,804
INCOME TAX CREDIT/(CHARGE) (4) (1,617) (1,620)
NET SURPLUS AFTER TAX 5,110 5,184

STATEMENT OF MOVEMENTS IN EQUITY

For the Year Ended 31 March 2007

31 March 2007 31 March 2006
$000 $000
Net surplus for Year 5,110 5,184
Increase in Revaluation Reserve (6) 31,041 -
Total Recognised Revenues and Expenses 36,151 5,184
Dividend (300) (300)
Movements in Equity for Year 35,851 4,884
Equity at Beginning of Year 114,125 109,241
EQUITY AT END OF YEAR 149,976 114,125


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Online Sources for this page:

VUW Te Waharoa — PDF NZ Gazette 2008, No 37


Gazette.govt.nz — PDF NZ Gazette 2008, No 37




✨ LLM interpretation of page content

💰 Report of the Auditor-General on Counties Power Limited – Lines Business (continued from previous page)

💰 Finance & Revenue
21 February 2008
Audit, Financial Statements, Electricity, Counties Power Limited, Auditor-General