β¨ Financial Statements
THE LINES COMPANY LIMITED β LINES BUSINESS ACTIVITY
Statement of Financial Performance
For the Year Ended 31 March 2007
| Note | 2007
| $000's | 2006
| $000's |
|------|---------------|------------------|
| Operating revenue | 3 | 21,776 | 21,376 |
| Operating expenses | 4 | 20,579 | 19,987 |
| Surplus before taxation | | 1,198 | 1,389 |
| Taxation expense | 5 | 395 | 458 |
| Surplus after taxation | | 802 | 931 |
Statement of Movements of Equity
For the Year Ended 31 March 2007
| | 2007
| $000's | 2006
| $000's |
|----------------------|----------|-------------|
| Equity at beginning of year | 60,488 | 59,507 |
| Surplus retained for the year | 802 | 931 |
| Revaluation of fixed assets | - | 314 |
| Deferred tax adjustment on line asset revaluations | - | - |
| Total recognised revenue and expenses | 802 | 1,245 |
| Dividends | 132 | 263 |
| Total distribution to owners | 132 | 263 |
| Equity at year end | 61,159 | 60,488 |
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Online Sources for this page:
VUW Te Waharoa —
NZ Gazette 2008, No 56
Gazette.govt.nz —
NZ Gazette 2008, No 56
β¨ LLM interpretation of page content
π°
Certification of Financial Statements for The Lines Company Limited
(continued from previous page)
π° Finance & Revenue12 February 2008
Financial Statements, Performance Measures, Electricity (Information Disclosure) Regulations 2004, The Lines Company Limited, Certification