✨ Financial Statements
NEW ZEALAND GAZETTE, No. 172
27 NOVEMBER 2009
TRANSPOWER NEW ZEALAND LIMITED LINES BUSINESS
INCOME STATEMENT
FOR THE YEAR ENDED 30 JUNE 2009
| Notes | LINES BUSINESS | |
|---|---|---|
| 2009 | ||
| $'000 | ||
| 2008 | ||
| $'000 | ||
| Operating revenue | 2 | 629,380 |
| Finance revenue | 5 | 5,579 |
| Operating expenditure | 4 | 402,795 |
Earnings before interest, tax and changes in the fair value of financial instruments
| | | 232,664 | 221,849
| Finance costs | 5 | 72,277 | 59,958
Earnings before changes in the fair value of financial instruments and tax
| | | 160,387 | 161,891
Gain (loss) in the fair value of financial instruments
| | 6 | (61,245) | (44,533)
Earnings before tax
| | | 99,142 | 117,358
| Income tax expense | 7 | 18,307 | 37,153
NET PROFIT (LOSS)
| | | 80,835 | 80,205
These statements are to be read in conjunction with the accompanying notes.
STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 30 JUNE 2009
| LINES BUSINESS | |
|---|---|
| 2009 | |
| $'000 | |
| 2008 | |
| $'000 | |
| Equity at the beginning of the year | 1,233,016 |
| Available for sale financial assets | (470) |
| Net income (expenses) recognised directly in equity | (470) |
| Net profit for the year | 80,835 |
| Total recognised income and expense for the year | 80,365 |
| Equity at the end of the year | 1,313,381 |
These statements are to be read in conjunction with the accompanying notes.
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NZ Gazette 2009, No 172
✨ LLM interpretation of page content
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Auditor's Report on Transpower New Zealand Limited Lines Business Financial Statements
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🏭 Trade, Customs & Industry27 November 2009
Audit, Financial Statements, Transpower, Electricity, Commerce Act