✨ Financial Statements




OTAGONET JOINT VENTURE LINES BUSINESS

STATEMENT OF MOVEMENTS IN EQUITY

FOR THE YEAR ENDED 31 MARCH 2007

| Note | 31 March 2007
$000 | 31 March 2006
$000 |
|------|---------------------|---------------------|

Total Recognised Revenues and Expenses

Net Surplus for the Year | 5,679 | 5,503 |
Revaluation of Assets | 16,999 | - |
| 22,678 | 5,503 |

Contributions from Joint Venture Parties

Capital Introduced | - | - |

Distributions to Joint Venture Parties

Withdrawals | (4,450) | (5,300) |
| (4,450) | (5,300) |

Movements in Equity for the Year | 18,228 | 203 |

Equity at Beginning of Year | 105,045 | 104,842 |

Equity at End of Year | (3) 123,273 | 105,045 |

The accompanying notes on pages 6 to 16 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 PDF NZ Gazette 2008, No 7


Gazette.govt.nz PDF NZ Gazette 2008, No 7





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🏭 OtagoNet Joint Venture Financial Statements (continued from previous page)

🏭 Trade, Customs & Industry
30 November 2007
Financial statements, Electricity, Disclosure, OtagoNet