β¨ Financial Statements
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NEW ZEALAND GAZETTE, No. 179
4 DECEMBER 2009
POWERCO
GAS DIVISION
Income Statement
For the year ended 30 June 2009
| Notes | 30 June 2009 NZ$000 | 30 June 2008 NZ$000 | |
|---|---|---|---|
| Revenue | 1 | 47,149 | 50,565 |
| Cost of goods sold | - | - | |
| Gross profit | 47,149 | 50,565 | |
| Other losses | 1 | (12,150) | (3,040) |
| Operating expenses | 1 | (7,143) | (5,780) |
| Administration expenses | 1 | (9,330) | (8,549) |
| Other expenses | 1 | (9,920) | (10,876) |
| Earnings before interest and taxation | 8,606 | 22,320 | |
| Finance costs | 1 | (19,275) | (21,547) |
| Operating (Deficit)/Surplus before Taxation | (10,669) | 773 | |
| Taxation expense / (benefit) | 2 | (3,239) | 795 |
| OPERATING DEFICIT AFTER TAXATION | (7,430) | (22) |
The accompanying notes form part of these financial statements.
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Director's Certificate for Gas Information Disclosure
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π Trade, Customs & Industry4 December 2009
Gas, Information Disclosure, Financial Statements, Performance Measures, Powerco Limited
NZ Gazette 2009, No 179