New Zealand Gazette – 2008 – No. 47

Page 1342

✨ Financial Statements



1342

NEW ZEALAND GAZETTE, No. 47

3 MARCH 2008

ALPINE ENERGY LIMITED LINES BUSINESS

INCOME STATEMENT FOR THE YEAR ENDED 31 MARCH 2007 - CONTINUED

Note 2007 $ 2006 $
Directors' fees 129,178 119,788
Auditors' fees
    Audit fees paid to principal auditors 36,120 27,805
    Audit fees paid to other auditors 0 0
    Fees paid for other services provided by principal and other auditors 33,589 42,006
Total auditors' fees 69,709 69,811
Costs of offering credit
    Bad debts written off 0 0
    Increase in estimated doubtful debts 0 0
Total cost of offering credit 0 0
Local authority rates expense 60,670 65,637
AC loss-rentals (distribution to retailers/customers) expense 0 0
Rebates to consumers due to ownership interest 0 0
Subvention payments 0 0
Unusual expenses 0 0
Other expenditure not listed above 177,526 138,710
Total operating expenditure 20,222,144 17,585,872
Operating surplus before interest and income tax 10,900,730 12,872,076
Interest expense
    Interest expense on borrowings 0 0
    Financing charges related to finance leases 0 0
    Other interest expense 0 0
Total interest expense 0 0
Operating surplus before income tax 10,900,730 12,872,076
Income tax 4 4,517,582
Net surplus after tax 6,383,148 7,794,073

STATEMENT OF CHANGES IN EQUITY FOR THE YEAR ENDED 31 MARCH 2007

| 2007 $ | 2006 $
--- | --- | ---
Equity at the Beginning of the Year | 72,932,653 | 72,123,015
Net Surplus (Deficit) for the Period | 6,383,148 | 7,794,073
Revaluation | 0 | 0
Total Recognised Revenue and Expenses | 6,383,148 | 7,794,073
Dividends Paid | (9,546,772) | (6,984,435)
Transfer on Disposal of Plant, Property and Equipment | 0 | 0
Equity at the End of the Year | 69,769,029 | 72,932,653



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Online Sources for this page:

VUW Te Waharoa — PDF NZ Gazette 2008, No 47


Gazette.govt.nz — PDF NZ Gazette 2008, No 47




✨ LLM interpretation of page content

🏭 Alpine Energy Limited Income Statement for the Year Ended 31 March 2007 (continued from previous page)

🏭 Trade, Customs & Industry
25 February 2008
Financial statements, Income, Expenditure, Alpine Energy Limited

🏭 Statement of Changes in Equity for the Year Ended 31 March 2007

🏭 Trade, Customs & Industry
25 February 2008
Financial statements, Equity, Alpine Energy Limited