✨ Financial Statements
3 DECEMBER 2010
NEW ZEALAND GAZETTE, No. 166
4143
Statement of Comprehensive Income
For the Year ended 30 June 2010
| Note | Distribution | 2010 $ | 2009 $ |
|---|---|---|---|
| Income | |||
| Sales | 5,249,268 | 5,125,842 | |
| Finance income | 1,181 | 9,068 | |
| Other revenue | 7,317 | 17,345 | |
| Total income | 5,257,766 | 5,152,255 |
| Expenses | | | |
| Depreciation | | 890,785 | 942,824 |
| Finance costs | | 566,156 | 675,127 |
| Subvention payment to WDC | | - | - |
| Loss on revaluation of assets | | - | 1,797,123 |
| Other expenses | | 1,711,826 | - |
| Total expenses | | 3,168,767| 3,415,074|
| | | | |
| SURPLUS / (DEFICIT) BEFORE INCOME TAX | 2 | 2,089,000 | 1,737,182 |
| Taxation expense / (benefit) | 3 | (157,944) | (120,839) |
| NET SURPLUS / (DEFICIT) AFTER TAXATION | | 2,257,087 | 1,858,012 |
| Other comprehensive income | | - | - |
| TOTAL COMPREHENSIVE INCOME | | 2,257,087| 1,858,012|
Statement of Movement in Equity
For the Year ended 30 June 2010
| Note | Distribution | 2010 $ | 2009 $ |
|---|---|---|---|
| EQUITY AS AT 1 JULY | 16,663,079 | 14,805,067 |
| Total comprehensive income for the year | | 2,257,087 | 1,858,012 |
| Total recognised revenue and expenses for the year | | 2,257,087 | 1,858,012 |
| Dividend to shareholders | | - | - |
| EQUITY AS AT 30 JUNE | | 18,920,166| 16,663,079|
The accompanying notes and accounting policies form part of these financial statements.
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NZ Gazette 2010, No 166
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