✨ Financial Statements
THE POWER COMPANY LIMITED LINE BUSINESS
STATEMENT OF MOVEMENTS IN EQUITY
FOR THE YEAR ENDED 31 MARCH 2007
| Note | Group | Parent | |||
|---|---|---|---|---|---|
| 2007 | 2006 | 2007 | 2006 | ||
| $'000 | $'000 | $'000 | $'000 | ||
| Total Recognised Revenues and Expenses: | |||||
| Net Surplus for the Year | 2,049 | 1,329 | 2,333 | 1,286 | |
| Movement in Revaluation Reserve | 37,620 | - | 37,620 | - | |
| 39,669 | 1,329 | 39,953 | 1,286 |
Add Contributions from Owners During the Year:
- Funds Released from Other Business | | - | - | - | - |
Deduct Distributions to Owners During the Year:
- Dividend | | (4,000) | (143) | (4,000) | (143) |
| | | (4,000) | (143) | (4,000) | (143) |
| Movements in Equity for the Year | | 35,669 | 1,186 | 35,953 | 1,143 |
| Equity at Beginning of Year | | 209,923 | 208,737 | 208,896 | 207,753 |
| Equity at End of Year | (4) | 245,592 | 209,923 | 244,849 | 208,896 |
The accompanying notes on pages 6 to 13 form part of and should be read in conjunction with these financial statements.
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Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 2008, No 43
Gazette.govt.nz —
NZ Gazette 2008, No 43
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Financial Statements for The Power Company Limited Line Business
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