New Zealand Gazette – 2008 – No. 46

Page 1304

✨ Financial Statements



POWERCO

ELECTRICITY DIVISION

Income Statement

For the year ended 31 March 2007

Notes 12 months to 31 March 2007 $'000 9 months to 31 March 2007 $'000 12 months to 30 June 2006 $'000
Revenue 14 274,839 200,457 259,680
Cost of goods sold (75,086) (51,782) (69,467)
Gross profit 199,753 148,675 190,213
Other income 14 12,379 8,405 4,210
Operating expenses (28,802) (21,467) (29,061)
Administration expenses (20,802) (14,407) (25,213)
Other expenses (61,783) (47,693) (38,901)
Earnings before interest and taxation 100,945 73,513 101,248
Finance costs (39,353) (29,945) (39,856)
Operating Surplus before taxation 15 61,592 43,568 61,392
Taxation expense 8 (15,698) (11,050) (18,870)
Operating Surplus Attributable to the Shareholders 45,894 32,518 42,522

The accompanying notes form part of these financial statements



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Online Sources for this page:

VUW Te Waharoa — PDF NZ Gazette 2008, No 46


Gazette.govt.nz — PDF NZ Gazette 2008, No 46




✨ LLM interpretation of page content

🏭 Audit Report for Powerco Limited – Electricity Division (continued from previous page)

🏭 Trade, Customs & Industry
25 February 2008
Audit, Financial Statements, Powerco Limited, Electricity Division, Compliance, Disclosure Requirements